Enterprises or industries are joined by subordination techniques whereby a general regime of pricing transfer in the case of those industries (at a guess perhaps sweat shops, factories, warehouses or the meat market). In other special cases. without that type of subordination, another type of linkage takes place with contracts of business collaboration.

A secondary business is a part of a corporation that is not part of its core functions but supplements it instead. A secondary business can contribute to the overall health of the corporation and can hold assets just as any other business unit.

Spanish term (edited): Col. empresa/s vinculada/s con subordinación

undertaking: an accounting term that includes a sole trade / proprietorship, partnership, joint venture, EU-type economic interest grouping or limited company / corporation whose members may or may not be 'insubordinate'.

Not to be confused with the legalistic term, usually to be found in a Memo. or Arts. of Assoc. / US: Incorporation of the disposable undertaking as the substratum of a company and that has caused Proz translators so much grief.

Assocoated vs. affilated vs. subsidiary depends on the percentage stake held e.g. 10%, 25% or 50% +.

https://vibra.co/famosos/la-mala-mano-existe-mira-como-tiene...

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How a Subordination Agreement Works

Individuals and businesses turn to lending institutions when they need to borrow funds. The lender is compensated when it receives interest payments on the loaned amount, unless and until the borrower defaults on her payments. The lender might require a subordination agreement to protect its interests should the borrower place additional liens against the property, such as if she were to take out a second mortgage.

The "junior" or second debt is referred to as a subordinated debt. The debt which has a higher claim to the asset is the senior debt.

Lenders of senior debts have a legal right to be repaid in full before lenders of subordinated debts receive any repayments. It often happens that a debtor doesn't have enough funds to pay all debts, or foreclosure and sale doesn't produce enough in the way of liquid proceeds, so lower priority debts might receive little or no repayment at all.

Source: https://www.investopedia.com/terms/s/subordination-agreement...

A subsidiary company is a controlled company and it is more than 50% owned by its parent; the parent is a majority shareholder.