majority

(redirected from major)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.

Majority Stake

The ownership of 50% plus one of the stock in a publicly-traded company. This gives the person or company holding majority stake outright control of the company's operations, especially the election of its board of directors. Some majority stake holders are not involved in the daily operations of the company, but most are. Indeed, the majority shareholder is often the company's founder. See also: Parent company.

majority

The age at which a person is able to enter into legally binding contracts in a particular state.

References in classic literature ?
In that case, take me off the list with him, Major.
I could get no further; Major Fitz-David deliberately stopped me.
The Major started, and looked at me very attentively.
I must explain to you," said the major, "that, fully confiding in the signature of the Abbe Busoni, I had not provided myself with any other funds; so that if this resource had failed me, I should have found myself very unpleasantly situated in Paris.
The major drew an arm-chair towards him, and proceeded to seat himself.
Really," said the major, "I am quite ashamed of the trouble I am giving you.
It's the 150th gives us a farewell dinner, my love," interposed the Major, "but we'll easy get a card for Mr.
Major O'Dowd's compliments to Colonel Tavish, and Captain Osborne has brought his brothernlaw down, and will bring him to the 150th mess at five o'clock sharp--when you and I, my dear, will take a snack here, if you like.
The major then snatched up the countess's diamonds, held them in one hand, drew his sabre with the other, and began to strike with the flat of its blade such of the sleepers as he thought the most intrepid.
That is yours, my brave grenadier," cried the major, offering him a string of diamonds, "if you will follow me and fight like a madman.
Did he--" asked Major Putnam in a lowered voice, "did he fall or cry out, or anything?
Well," ejaculated the staring Major, "I never heard before that a service revolver was a thing to be sneezed at.