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af·fil·i·ate 1 /ə-'fi-lē-ˌāt/ vb -at·ed, -at·ingvt1: to bring or receive into close association as a member or division2: to join or associate as a member or divisionvi: to connect or associate oneself— usu. used with withhas just affiliated with the huge corporationaf·fil·i·a·tion /ə-ˌfi-lē-'ā-shən/ naf·fil·i·ate 2 /ə-'fi-lē-ət/ n: an affiliated person or organization; specif: a business entity effectively controlling or controlled by another or associated with others under common ownership or control compare parent 2, subsidiary
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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I
noun
arm, assistant, associate, auxiliary, branch, branch organization, chapter, colleague, component, division, offshoot, subdivision, subsidiary, wing
II
verb
ally, associate, attach, belong to, bring into close connection, bring into close relation, cement a union, confederate, connect, consociate, embrace, federalize, federate, form a connection, join, join forces, join together, make common cause, pertain to, relate to, unite
III
index
adopt, ascribe, chapter (branch), connect (relate), consolidate (unite), corporate (associate), corporation, correlate, correlative, embrace (accept), federalize (associate), federate, incorporate (form a corporation), join (associate oneself with), member (individual in a group), organ, organize (unionize), relate (establish a connection), unite
Burton's Legal Thesaurus. William C. Burton. 2006
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v.To associate with; to join officially.n.A person or organization allied with or officially joined to a larger body.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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USAThis term has a number of meanings. In the context of:• Bankruptcy, an entity owning or controlling the debtor, or an entity which is owned by the debtor or which is owned by an entity owning or controlling the debtor. Ownership or control is determined by ownership, control or the power to vote 20% or more of the outstanding voting securities. It excludes entities holding securities in a fiduciary or agency capacity or solely to secure debt. An affiliate is also an entity whose business, or substantially all of whose property, is operated under a lease or operating agreement by a debtor, or an entity that operates the business or substantially all of the property of the debtor under a lease or operating agreement (§101(2), Bankruptcy Code).• Corporate, securities and capital markets, a person or entity that directly or indirectly controls, is controlled by, or is under common control with, a company (Rule 405, Securities Act). Examples of affiliates include executive officers, directors, large stockholders, subsidiaries, parent entities and sister companies. In addition, two companies are affiliated when one owns less than a majority of the voting stock of the other, or when both are subsidiaries of a third company.• Finance, typically defined in the loan agreement to mean, as to any entity, any other entity (other than a subsidiary) which, directly or indirectly, is in control of, is controlled by, or is under common control with, such entity. For the purposes of this definition, a subsidiary is an entity which is more than 50% owned by another entity and “control” of an entity means the power, directly or indirectly, to either:o vote a certain percentage (typically 5% or 10%) or more of the securities having ordinary voting power for the election of directors of such entity; oro direct or cause the direction of the management and policies of such entity whether by contract or otherwise.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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n. A corporation that is related to another corporation by one owning shares of the other, by common ownership, or by other means of control.See also company (parent company) and subsidiary.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
