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controlling interest

   Also found in: Dictionary/thesaurus, Wikipedia 0.06 sec.
controlling interest
The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail to participate in decision making.

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This holds true even if none of the corporate shareholders has a controlling interest in the entity.
Opportunity Funding filed an application with the San Francisco regional office of the Office of Thrift Supervision last month for permission to acquire controlling interest in the 40-year-old S&L.
OTCBB:CBAY) Announced the Company Recently acquired controlling Interest Of NASCAR Controlled #14 ARCA Series Race Team MB3 Motorports LTD.
 
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