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.
A subsidiary is a business that is wholly or partially owned by another business, sometimes called the parent company or holding company.The parent company owns sufficient voting stock in the subsidiary -- as a rule, at least 50% -- to give it control over the subsidiary's operations and management.In a wholly-owned subsidiary, the parent company owns 100% of the stock.A parent company with subsidiaries is one type of conglomerate, which is a company that comprises multiple different businesses.This was last updated in March 2013.he parent company owns sufficient voting stock in the subsidiary -- as a rule, at least 50% -- to give it control over the subsidiary's operations and management. In a wholly-owned subsidiary, the parent company owns 100% of the stock.