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affiliated person

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Affiliated person
An individual who possesses enough influence and control in a corporation as to be able to alter the actions of the corporation.

affiliated person
A person who is in a position to influence a firm's management decisions. Affiliated persons usually include directors, officers, owners of more than 10% of the firm's outstanding stock, and family members or close associates of these groups. Also called control person.


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Depending on the context, an affiliated person might be referred to simply as an "affiliate.
Depending on the context, an affiliated person might be referred to simply as an "affiliate.
Depending on the context, an affiliated person might be referred to simply as an "affiliate.
 
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