{"type":"doc","content":[{"type":"paragraph","attrs":{"id":"v0-p-1035"},"content":[{"type":"text","text":"A corporate entity (the "},{"type":"text","text":"higher entity","marks":[{"type":"bold"},{"type":"italic"}]},{"type":"text","text":") is a "},{"type":"text","text":"holding entity ","marks":[{"type":"bold"},{"type":"italic"}]},{"type":"text","text":"of another corporate entity (the "},{"type":"text","text":"lower entity","marks":[{"type":"bold"},{"type":"italic"}]},{"type":"text","text":") if the lower entity is a subsidiary of the higher entity."}]}]}