majority

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Related to majorities: Majority of the entire membership

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 periodicals archive ?
One explanation: Majorities making major changes are, in a sense, more accountable than majorities defending the status quo.
And even after the creation of the two majority-African American districts to remedy a history of racial gerrymandering in the state, white majorities and white congressmen continued to hold 10 out of 12, or 83 percent, of the state's U.
For instance, Duke, Enron, and Southern Company are known to majorities of key accounts, and two thirds of the businesses sampled say they would consider such firms as potential replacements for their current energy supplier.
In today's culture of political correctness in which only minorities have rights and majorities are always assumed to be wrong, leaders have become followers.