Meaning of “controlling interest” in the English Dictionary

business-english dictionary

"controlling interest" in Business English

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controlling interestnoun [ C, usually singular ]

uk us FINANCE, STOCK MARKET

if someone has a controlling interest in a company, they own enough shares in it to control its management:

have/own/hold a controlling interest (in sth) The group holds a 52% controlling interest in the new telecommunications company.
buy/sell a controlling interest Last year the former CEO sold his controlling interest for more than one billion dollars.

(Definition of “controlling interest” from the Cambridge Business English Dictionary © Cambridge University Press)