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What is "controlling interest"

Longman Dictionary of Contemporary English
controlling interest
noun
EXAMPLES FROM CORPUS
▪ All of these are projects in which the government holds a controlling interest and in which it has a strong commercial partner.
▪ Carl Zeiss has a 51 percent controlling interest in the new company.
▪ Controlling aggregate demand through controlling interest rates is made even more difficult as a result of fluctuations in the demand for money.
▪ Host Marriott Corp. said it will pay $ 112. 5 million to acquire controlling interest in five hotels.
▪ Late in 1886, the Charles Harrahs, father and son, bought a controlling interest.
▪ Not a controlling interest, then, but a powerful one.
▪ Or they could have sold that controlling interest to some one else - heaven help us!
▪ That will be harder to bear if there is little hope of a controlling interest in the near future.
WordNet
controlling interest

n. ownership of more than 50% of a corporation's voting shares

Wikipedia
Controlling interest

A controlling interest is an ownership interest in a corporation with enough voting stock shares to prevail in any stockholders' motion. A majority of voting shares (over 50%) is always a controlling interest. When a party holds less than the majority of the voting shares, other present circumstances can be looked at to determine whether that party is still considered to hold a controlling ownership interest.

In the United States, Delaware corporations have a 2/3 vote requirement for a motion to pass. In theory, this could mean that a controlling interest would have to be over one third of the voting shares.

  • Consolidation (business)
  • Minority interest
  • Holding company
  • Parent company
  • Subsidiary

Usage examples of "controlling interest".

He also recently purchased controlling interest in the Shatum Tower.

I bought a controlling interest, then I told them to build me a body!

If you do, you will see that my client, a Miz Hypatia Cade, has just this moment purchased a controlling interest in your preferred stock.

Despite his age, he refused to relinquish the presidency or sole controlling interest.

Being widowed but childless, there was no natural family successor, so the eventual disposal of the controlling interest would have to await the reading of his will.

All of a sudden his bookkeeper turned up with a controlling interest, and he kicked his boss right out.

I'll let you buy back in at 18 if you will sell the controlling interest in All Asia Air at 15.

I can buy a controlling interest in that company tomorrow, doctor.