controlling interest

noun

Definition of controlling interest

: sufficient stock ownership in a corporation to exert control over policy

Examples of controlling interest in a Sentence

Recent Examples on the Web

The son of Cuban immigrants, Meruelo is the only Hispanic individual to own a controlling interest in an NHL club. Richard Morin, azcentral, "New ownership: Alex Meruelo officially purchases majority stake in Arizona Coyotes," 29 July 2019 BUSINESS Live Nation Entertainment has entered into an agreement to acquire a controlling interest in OCESA Entretenimiento, one of Latin America’s leading promoters of live events and owner of Ticketmaster Mexico. Leila Cobo, Billboard, "Live Nation Acquires Leading Mexican Promoter OCESA Entertainment," 24 July 2019 In a brief interview with AL.com, Morton said the group took controlling interest in the spirits company about five months ago. Shauna Stuart | Sstuart@al.com, al, "Charles Barkley listed as an owner of Redmont Distilling; new facility set to open in Avondale," 1 Aug. 2019 The park was sold to the Koffman family, one of Gene's original investors, and then to Snow Operating company, which today has controlling interest in what is called Mountain Creek Water Park. Jack Mccallum, SI.com, "Remembering Action Park, America's Most Dangerous, Daring Water Park," 1 July 2019 The Federal Reserve’s tool kit for controlling interest rates is facing a challenge that could prompt changes in the mechanics of how the central bank influences the economy. Daniel Kruger, WSJ, "Upward Move on Key Market Rate Could Bring Fed Response," 1 May 2019 Needless to say, but if Stevens intended to purchase a controlling interest in an NBA franchise, that aspiration has taken a major hit. Michael Mccann, SI.com, "Could Warriors Strip Mark Stevens of His Minority Stake After Kyle Lowry Shove?," 6 June 2019 The procedure would involve a hearing presided over by the chairman of the Board of Governors, which consists of owners with controlling interests in NBA teams. Michael Mccann, SI.com, "Could Warriors Strip Mark Stevens of His Minority Stake After Kyle Lowry Shove?," 6 June 2019 Anchor Brewing was on its last legs when Maytag, heir to the washing machine empire, bought a controlling interest in 1965. San Francisco Chronicle, "Is San Francisco's Anchor Brewing having an identity crisis?," 3 Jan. 2015

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'controlling interest.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of controlling interest

1833, in the meaning defined above

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Last Updated

27 Aug 2019

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The first known use of controlling interest was in 1833

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More Definitions for controlling interest

controlling interest

Legal Definition of controlling interest

see interest sense 1

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