Quick Answer: What Does Affiliate Mean In Legal Terms?

What is a 17a 7 transaction?

Rule 17a-7 is an exemptive rule under the Investment Company Act of 1940, as amended (the “1940 Act”), that permits purchase and sale transactions among affiliated investment companies, or between an investment company and a person that is affiliated solely by reason of having a common (or affiliated) investment ….

What is meant by affiliation?

: the state or relation of being closely associated or affiliated with a particular person, group, party, company, etc.

What is the definition of an affiliate company?

Companies are affiliated when one company is a minority shareholder of another. In most cases, the parent company will own less than a 50% interest in its affiliated company. … The term is sometimes used to refer to companies that are related to each other in some way.

What are affiliated investments?

Affiliated investment means an investment for which the fiduciary or an affiliate of the fiduciary acts as adviser, administrator, distributor, placement agent, underwriter, broker or in any other capacity for which it receives or has received a fee or commission from such investment or an investment acquired or …

Is an employee an affiliate?

Affiliate Employee means any Employee who is an officer or director of the Company. … Affiliate Employee means any person who is designated by the Company as an employee of any SPAR Affiliate for purposes of the Tax Code and who is not otherwise permitted to participate in the Company’s ESP Plan.

How do I become an affiliate?

How to get started with affiliate marketingDecide on a platform.Choose your niche.Find affiliate programs to join.Create great content.Drive traffic to your affiliate site.Get clicks on your affiliate links.Convert clicks to sales.

What is the highest paying affiliate program?

Here are my picks for the top 5 high paying affiliate programs.Bluehost. The Bluehost affiliate program is super popular in the web hosting space. … Hostinger. … Cloudways. … HostGator. … GreenGeeks. … WP Engine. … Liquid Web. … Sendinblue.

How do you use affiliate in a sentence?

Examples of affiliate in a Sentence Verb Their group does not affiliate itself with any political party. Noun Two of the company’s regional affiliates lost money in the past year.

Is an affiliate considered a third party?

More Definitions of Third Party Third Party means any Person that is not a Party or an Affiliate of a Party. … Third Party means any Person, together with such Person’s Affiliates, provided that the term “Third Party” shall not include the Company or an Affiliate of the Company.

Affiliate means, in relation to a person, any company or other entity, whether or not with legal personality, which directly or indirectly controls, is controlled by or is under joint control with that person.

What’s another word for Affiliate?

What is another word for affiliate?affilassociateoffshootpartnersiblingcollaboratorconfederatebusiness partnerallycomrade120 more rows

What is the difference between a subsidiary and an affiliate?

Key Takeaways. A subsidiary is a company whose parent company is a majority shareholder that owns more than 50% of all the subsidiary company’s shares. Affiliate is used to describe a company with a parent company that only possesses a minority stake in the ownership of the affiliate.