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 Hendler’s was locally owned until 1929, when its controlling interest was purchased by Borden’s. Jacques Kelly, baltimoresun.com, "Retro Baltimore: For 70 years, a dip of Hendler’s ice cream hit the spot," 8 Oct. 2020 Altacrest Capital acquired a controlling interest in Big Dot of Happiness, a Menomonie, Wis.-based online seller of designer party supplies and lifestyle collections. Lucinda Shen, Fortune, "How MessageBird became a tricorn," 8 Oct. 2020 The Miami Heat entered a single affiliation partnership with the Sioux Falls Skyforce in 2013, and purchased a controlling interest in them in 2017. Omari Sankofa Ii, Detroit Free Press, "Detroit Pistons buy a new G League team, so what's next for the Grand Rapids Drive?," 1 Aug. 2020 MacGillis notes as well that Liberty, like other for-profit colleges, recruits its client base from a central call center, headquartered in a former Sears store that once anchored a Lynchburg mall that Liberty holds a controlling interest in. Chris Lehmann, The New Republic, "Jerry Falwell Jr.’s Filthy, Predatory Finances," 25 Aug. 2020 On October 12, 1960, it was announced that one of the five Tigers owners, radio-TV magnate John Fetzer of Kalamazoo, had bought the controlling interest of the team and inserted himself as president. Bill Dow, Detroit Free Press, "Detroit Tigers pulled off historic trade with Cleveland 60 years ago: Swapping managers," 3 Aug. 2020 Real estate investor Jess Odom later bought controlling interest in Dogpatch. Rex Nelson, Arkansas Online, "OPINION | REX NELSON: The Dogpatch saga," 16 Aug. 2020 Schott agreed to sell her controlling interest in the Reds in 1999. Cole Behrens, The Enquirer, "Cincinnati Zoo now says no buildings named for Marge Schott," 7 July 2020 Ultimately, she was forced to sell controlling interest in the team in 1999. Joe Kay, The Denver Post, "University of Cincinnati removing Marge Schott’s name from stadium," 23 June 2020

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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Time Traveler for controlling interest

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The first known use of controlling interest was in 1833

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Statistics for controlling interest

Last Updated

13 Oct 2020

Cite this Entry

“Controlling interest.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/controlling%20interest. Accessed 29 Oct. 2020.

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More Definitions for controlling interest

controlling interest

Legal Definition of controlling interest

see interest sense 1

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