controlling interest

An interest in a company that gives a person or another company control of it. To have a controlling interest in a company, a shareholder would normally need to own or control more than half the voting shares. However, in practice, a shareholder might control the company with considerably less than half the shares, if the other shares were divided among a large number of different holders. For legal purposes, a director is said to have a controlling interest in a company if he or she alone, or together with his or her spouse, minor children, and the trustees of any settlement in which he or she has an interest, owns more than 20% of the voting shares in a company or in a company that controls that company.

Accounting dictionary. 2014.

Look at other dictionaries:

  • controlling interest — ➔ interest * * * controlling interest UK US noun [C, usually singular] FINANCE, STOCK MARKET ► if someone has a controlling interest in a company, they own enough shares in it to control its management: have/own/hold a controlling interest (in… …   Financial and business terms

  • controlling interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Controlling interest — (engl.), in Nordamerika eine Art der Verschmelzung verschiedener Eisenbahnunternehmungen, die darin besteht, daß die eine Gesellschaft so viele Aktien der andern erwirbt, daß sie nun die Mehrheit in der Generalversammlung besitzt. Mittels der C.… …   Meyers Großes Konversations-Lexikon

  • Controlling Interest — Controlling Interest, eine in den Vereinigten Staaten eigentümliche Art der Vereinigung von Eisenbahngesellschaften unter gemeinsamer Verwaltung. Die eine Gesellschaft erwirbt so viele stimmberechtigte Aktien der Gesellschaft, mit der sie… …   Enzyklopädie des Eisenbahnwesens

  • Controlling interest — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • controlling interest — con.trolling interest n [C usually singular] if you have a controlling interest in a company, you own enough ↑shares to be able to make decisions about what happens to the company controlling interest in ▪ The firm paid over $10 million for a… …   Dictionary of contemporary English

  • controlling interest — An interest in a company that gives a person or another company control of it. To have a controlling interest in a company, a shareholder would normally need to own or control more than half the voting shares. However, in practice, a shareholder… …   Big dictionary of business and management

  • controlling interest — UK [kənˌtrəʊlɪŋ ˈɪntrəst] / US [kənˌtroʊlɪŋ ˈɪntrəst] noun [countable, usually singular] Word forms controlling interest : singular controlling interest plural controlling interests business a situation in which someone owns enough shares in a… …   English dictionary

  • controlling interest — noun ownership of more than 50% of a corporation s voting shares • Hypernyms: ↑interest, ↑stake * * * conˌtrolling ˈinterest [controlling interest] noun usually singular the fact of owning enough shares in a company to be able t …   Useful english dictionary

  • Controlling Interest — When one shareholder or a group acting in kind holds a high enough percentage of ownership in a company to enact changes at the highest level. By definition, this figure is 50% of the outstanding shares or voting shares, plus one. However,… …   Investment dictionary

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