The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

MAJORITY OWNERSHIP Definition & Legal Meaning

Definition & Citations:

Control of the firm arises from common stock or ordinary shares holdings of 51 percent or more. Much less than 51 percent of shares, however, may gain effective control if a significantly high percentage of shares is not held by one of the many shareholders. Also known as majority interest.

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