1 1 yard = 3 feet. 2  1 cubic yard = 27 cubic feet (3 feet x 3 feet x 3 feet). 3  1 cubic foot = 12 inches x 12 inches x 12 inches (or 1 foot by 1 foot by 1 foot). 4  A cube is an object that has 3 dimensions: width, length, and depth.
Definition of Dormant Subsidiary. Dormant Subsidiary means a Subsidiary that owns assets in an amount equal to no more than $5,000,000 or is dormant or otherwise inactive.
(redirected from Wholly owned subsidiary) Also found in: Dictionary, Thesaurus, Financial, Acronyms, Wikipedia. Auxiliary; aiding or supporting in an inferior capacity or position. In the law of corporations, a corporation or company owned by another corporation that controls at least a majority of the shares. A subsidiary corporation or company is one in which another, generally larger, corporation, known as the parent corporation, owns all or at least a majority of the shares. As the owner of the subsidiary, the parent corporation may control the activities of the subsidiary.