Law Dictionary

corporate opportunity doctrine

noun corporate op·por·tu·ni·ty doctrine

legal Definition of corporate opportunity doctrine

: a doctrine of corporate law stating that fiduciaries of the corporation (as directors or officers) may not take for themselves a business opportunity offered to the corporation

Seen and Heard

What made you want to look up corporate opportunity doctrine? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

of, relating to, or being an oracle

Get Word of the Day daily email!

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!