majority


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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 ?
With what must certainly be unintended irony; the majority opinion in Doucet-Boudreau gave voice to this prospect.
Second, because the Electoral College is "winner take all" in all but two states (Maine and Nebraska), people who disagree with the majority in their state are not represented.
The winner of our highest office is not required to win a majority of votes, either nationwide or in each state, to win that state's electoral votes.
After all, these Americans have been conditioned to believe that the majority is right, that polls reflect the majority's opinion, and that government should do what the majority wants.
CONWY - Plaid Cymru majority 114 The most marginal seat in the assembly.
No, I'm afraid the champagne will have to go back on ice, the celebrations cancelled because today the unionist community with almost a 10 per cent majority can continue to proclaim "we are the people, this is our country and were not moving
In his dissent, Souter accused the majority of overlooking the evangelistic nature of the Good News Club.
As such, they are vital to continued GOP control of the House and pivotal in both parties' pursuit of a Senate majority this year.
Only now the judicial dilemma was still more acute: If a bare majority of the Florida Supreme Court could have succeeded with its maneuvers, then Al Gore might well have been handed the presidency.
According to the VNS exit poll data, among those who said abortion should be illegal in most or all cases, the vast majority voted for Bush (74 percent "in all cases," 69 percent "in most cases").
1 percent majority, proportional representation allows voters in a minority to win their fair share of representation.
Olson, the majority determined that the qui tam provisions do not survive constitutional scrutiny.