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In business, an affiliate is an entity that owns less than a majority stake in another's stock. Affiliations can also describe a type of relationship in which at least two different companies are subsidiaries of a larger parent company. Most recently, affiliation has been a popular form of marketing for eCommerce companies.
Affiliate marketing is a marketing arrangement in which affiliates receive a commission for each visit, signup or sale they generate for a merchant.This arrangement allows businesses to outsource part of the sales process. [1]
In Europe, investments into associate companies are called fixed financial assets. Associate value in the enterprise value equation is the reciprocate of minority interest. Under the UK Companies Act 2006, two companies are "associated" if one company is a subsidiary of the other or both are subsidiaries of the same body corporate. [1]
Company: In the Korean Commercial Act, a company is a corporation established for commercial activities or other for-profit purposes. A company comes into existence by registering its incorporation at the location of its head office. 합명회사; 合名會社; hammyeonghoesa : gōmei gaisha (Japan); corporation similar to a general partnership
Associate, an independent (often self-employed) person working as if directly employed by a company; Associate company, an accounting and business valuation concept; Coworker, a partner or colleague in business or at work.
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Google Translate is a multilingual neural machine translation service developed by Google to translate text, documents and websites from one language into another. It offers a website interface, a mobile app for Android and iOS, as well as an API that helps developers build browser extensions and software applications. [3]
The National Office for Translation and Attestation (Országos Fordító és Fordításhitelesítő Iroda, OFFI) [5] is a company in Hungary that has the exclusive right to certify translations both from and to Hungarian created by the office itself or a third party, and to make certified copies of documents written in a foreign language. [6]