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

Arguing over $50 million transfer fee State law requires the initial holder of a racino license to pay the $50 million fee when controlling interest is sold. Tony Cook, Indianapolis Star, "Caesars agrees to pay $1 million penalty over efforts to sway Indiana casino regulators," 28 June 2018 Univision reportedly purchased 40% of Onion Inc. in 2016 along with a controlling interest and the right to purchase the remaining stock. Glenn Fleishman, Fortune, "No Joke: The Onion Faces Layoffs by Univision, Says Report," 6 July 2018 But in this case, the news is real.. Univision, which owns a controlling interest in Onion Inc. may lay off or buy out as many as 15% of the relatively small staff, according to the Daily Beast. Glenn Fleishman, Fortune, "No Joke: The Onion Faces Layoffs by Univision, Says Report," 6 July 2018 State law requires the initial holder of a casino license to pay when controlling interest is sold. Tony Cook, Indianapolis Star, "Racino owner: State will get $50 million from sale to Caesars," 26 June 2018 In 1968, AVCO Development purchased controlling interest in Rancho Bernardo, Inc. and formed AVCO Community Developers. Elizabeth Marie Himchak, Rancho Bernardo, "Rancho Bernardo's founder, Harry Summers, has died," 26 June 2018 Liberty owns a controlling interest in satellite radio broadcasting company Sirius XM, which in turn owns a 19% stake in Pandora Media Inc., the streaming music company. Soma Biswas, WSJ, "Liberty Media Withdraws Offer for iHeartMedia," 22 June 2018 The company owns a controlling interest in San Diego’s Valley View Casino Center and exclusively books Humphrey’s Concerts by the Bay. George Varga, sandiegouniontribune.com, "Security way up at outdoor San Diego concerts in wake of 2017 Las Vegas music festival massacre," 2 June 2018 Also in 1922, the Theodore Gary & Co. holding company took a controlling interest in Commerce Trust, the largest bank west of the Mississippi. Darryl Levings, kansascity, "Kansas City has been dialed in to telephone innovations from the very beginning," 2 June 2018

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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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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