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controlling interest
noun
ownership of enough stock in a company to exert control over policy and management.
controlling interest
noun
a quantity of shares in a business that is sufficient to ensure control over its direction
Word History and Origins
Origin of controlling interest1
Example Sentences
Schmidt earlier this year took a controlling interest in Relativity Space, a Long Beach startup founded in 2015 with the intent to bring 3-D manufacturing to rocketry.
In China, the company continues to look for a new controlling interest for its Burger King business there, but said it is still expected to be sold within one year.
When news broke that Walter would take controlling interest of the Lakers from the Buss family at a valuation of $10 billion, we reached out to Magic Johnson about his thoughts on the matter.
The letters also requested to know what measures they had taken to deal with any possible conflict of interest involving Musk, who has majority stakes or controlling interests in the companies.
Disney CEO Bob Iger and Willow Bay, dean of the USC Annenberg school, have completed their purchase of a controlling interest in the Angel City Football Club, the team announced Thursday.
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