controlling interest

noun

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

Examples of controlling interest in a Sentence

Recent Examples on the Web And so the tale of how the Giants established themselves at the Polo Grounds is told, accurately enough, as a piece of complicated capitalist skulduggery in which the team’s desperate owner bought a controlling interest in the Baltimore Orioles and then dragged its stars north. Adam Gopnik, The New Yorker, 25 Mar. 2024 The good news is that David Rubenstein, the private-equity billionaire who will have a controlling interest, is a Baltimore native and even a Baltimore City College man. Baltimore Sun Editorial Board, Baltimore Sun, 31 Jan. 2024 Corporate governance and management structure The questions raised about Paytm's managing board and the controlling interest of its founder suggest that fintech firms may need to ensure their corporate governance structures are robust and conducive to independent oversight. Nandan Sheth, Forbes, 27 Feb. 2024 RedBird Capital Partners purchased controlling interest of both AC Milan in Italy and Toulouse in France, and has a stake in Fenway Sports Group, which owns Liverpool in England. Tales Azzoni, Quartz, 6 Feb. 2024 Microsoft, which holds a 49% controlling interest in OpenAI and has notably obtained a right to observe the board's proceedings, played a pivotal role in facilitating Altman's return. Nizan Geslevich Packin, Forbes, 1 Mar. 2024 In a still-incomplete transaction, the French billionaire has snatched up controlling interest in the legendary talent shop and will nestle it in a portfolio that includes Gucci, Saint Laurent and the thousand-dollar–a-bottle winery Château Latour. Matt Donnelly, Variety, 8 Sep. 2023 He was forced to give up controlling interest in the Stallions, with minority owners — and even the city of Birmingham — counted on to pick up the slack. Creg Stephenson | Cstephenson@al.com, al, 27 July 2023 The billionaire investor recently sold his controlling interest in the Mavericks to the Adelson and Dupont families of Las Vegas fame. Justin Klawans, theweek, 6 Jan. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'controlling interest.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1833, in the meaning defined above

Time Traveler
The first known use of controlling interest was in 1833

Dictionary Entries Near controlling interest

Cite this Entry

“Controlling interest.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/controlling%20interest. Accessed 25 Apr. 2024.

Legal Definition

controlling interest

see interest sense 1

Last Updated: - Updated example sentences
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