Русско-англо-русский юридический словарь

A holding company is a company or firm that owns other companies' outstanding stock. The term usually refers to a company that does not produce goods or services itself; rather, its purpose is to own shares of other companies to form a corporate group. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies. (Wikipedia)

Accumulated depreciation is the total depreciation for a fixed asset that has been charged to expense since that asset was acquired and made available for use. The accumulated depreciation account is an asset account with a credit balance (also known as a contra asset account); this means that it appears on the balance sheet as a reduction from the gross amount of fixed assets reported. (accountingtools.com)

This is because the client has broken the terms of the contract and this allows Equitable Life to apply all the reductions in full. (Telegraph)

Definition of tax subsidy. A reduction in the amount of tax that a business has to pay, allowed by the government for a particular purpose, especially to create jobs. (Financial Times Lexicon)