U.S. parent

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BEA Economic Analysis GlossaryDownload this dictionary
U.S. parent
 A person, or entity, resident in the United States, that owns or controls 10 percent or more of the voting securities of an incorporated foreign business enterprise  or an equivalent interest in an unincorporated foreign business enterprise. It comprises the domestic operations of a U.S. multinational company (MNC). Related terms: foreign affiliateforeign parentU.S. affiliate

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