What does affiliated group mean?

affiliated group meaning in Law Dictionary

businesses with the same moms and dad organization just who possess stock. This nets an individual's loss against anothers revenue. The members have 80% or higher of voting power and stock of all organizations involved. AKA consolidated team.

affiliated group meaning in Business Dictionary

a team of companies with a standard mother or father linked through stock ownership for the purpose of netting one business's reduction from the profits of some other. The team files a consolidated tax return. People own at the very least 80per cent of complete voting power and subsidiary or stock worth of the companies included. Also called consolidated group.