crossholding

Etymology

From cross- + holding.

crossholding means A situation in which a publicly-traded corporation owns stock in another publicly-traded company. Lexicurio rates it Sui generis — a strength score of 96 out of 100.

noun

A situation in which a publicly-traded corporation owns stock in another publicly-traded company.“As long as the crossholding of shares that supports the owners' dominance continues, it is difficult to make effective the various systems introduced for structural reform.”