con·trol·ling interest (kən-trō'lĭng) n. Ownership of a sufficient number of shares of stock in a company to control company policy. |
The American Heritage® Dictionary of the English Language, Fourth Edition
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Financial Dictionary
controlling interest
- The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail to participate in decision making.
Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary
Main Entry:
controlling interestsee
INTEREST 1
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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