1. A company that is controlled by a parent company or holding company, typically with a separate legal entity but under the ownership and control of a larger corporation
The multinational corporation operates several subsidiary companies across different countries.
A corporação multinacional opera várias filiais subordinadas em diferentes países.
2. A branch office or dependent business unit that is subordinate to and controlled by a main company
The bank's subsidiary is responsible for regional operations.
A filial subordinada do banco é responsável pelas operações regionais.