CROSSHOLDING
cross-holding: translation
cross-holding ˌcross-ˈholding noun [countable]
a situation in which one company owns part of another company, which itself owns part of a third etc:
• groups of firms with a web of cross-holdings in each other
* * *
cross-holding UK US noun [C or U] (also cross-shareholding)
► FINANCE »
The Italian Stock Exchange has provided guidance on the rules governing cross-holdings involving at least one listed company.
»
The company has a cross-holding of 8% in Tower plc.