Couldn't find the full form or full meaning of BX? Maybe you were looking for one of these abbreviations: BWWM - BWX - BWY - BWYD - BWYH - BX/PX - BX/XIK - BXA - BXB - BXBKMA
An affiliate is an organization, business entity or individual that is related to and often controlled by a third party. This control may extend to shared management or ownership, common use of facilities and equipment, or access to other resources like fulfillment or customer service.
Difference Between an Affiliate & Subsidiary. To qualify as a subsidiary or an affiliate, a company must be publicly traded. When companies own a percentage of other companies' stock, these other companies are considered either affiliates or subsidiaries. According to Business Dictionary.com and The Free Dictionary.com, the main difference between an affiliate and a subsidiary is the percentage of the business's stock another company owns. A parent company is a company that owns enough of another companyâs stocks to enable it to control the other company.