Monday, April 13, 2009

What do Affiliate Mean?

Question: What do affiliate mean?

Answer: Affiliate is someone who is affiliated with the other. He is an associate of someone or with an organization.

RFPMD define it as:
affiliates - Business concerns, organizations or individuals that control each other or that are controlled by a third party. Control may include shared management or ownership, common use of facilities, equipment and employees, or family interest.

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