| 单词 | controlling interest |
| 释义 | controlling interest An interest in a company that gives a person control of it. A shareholder having a controlling interest in a company 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 others shares are held by a large number of people. For legal purposes, a director is said to have a controlling interest in a company if he or she alone, or together with a 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. |
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