noun
EXAMPLES FROM CORPUS
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Associated company A parent company has a 30% interest in an associated company.
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How should the associated company be treated in the parent's consolidated financial statements?
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However, it should almost certainly be treated as an associated company and be equity-accounted in future.
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In the parent company's own balance sheet, the investment in the associated company should be shown at cost.
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While the plaintiff was working under the control of an associated company he was injured.