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 ?
Given that the Republicans received majority of votes, Taron Margaryan will retain his
The Freedom and Justice Party (FJP) in Beni Suef released a statement on Tuesday saying that the Muslim Brotherhood student movement had won the majority of votes in Beni Suef University.
The Council of Europe Human Rights Commissioner is elected with a majority of votes. The Dutch and Latvian candidates run for the post.
Bashar al-Jafari, expressed deep appreciation for the UN General Assembly adopting the resolution entitled 'the Syrian Golan' with the majority of votes since 1981.
Iranian Minister of Labor Abdolreza Sheikholeslami who is in Geneva, Switzerland, announced that Iran won a majority of votes and was elected as one of the ILO Governing Body members.
Preference voting would mean every vote would count and every MP would have to get a majority of votes cast - an end to "safe seats" and no more wasted votes.
If approved by a majority of votes the pilots' current contract will be extended by one year and will include the potential for wage increases based on the company's financial performance.
We have voted for this government, and will support it in the future, therefore the government can count on a majority of votes in Saeima." The ruling coalition also decided to liquidate the Regional Development and Local Government Ministry, but leave the other ministries alone until after the 10th Saeima elections, in October.
"This project got a majority of votes. We authorize the government to take all necessary steps regarding foreign forces other than U.S.
Saleh clarified that Parliament was compelled to vote for the current election law, placed in effect without amendments, by the majority of votes. He indicated that each political party is entitled to work hard for winning the majority of votes, but not to fear others.
They wanted to ensure that support for a President was broad as well as deep, so that a candidate who received 90 percent of the vote in one region and a slim majority of votes nationally would not be elected against the will of the test of the country.
Following exhaustive hearing procedures, the European Parliament approved on 12 December by an overwhelming majority of votes Meglena Kuneva and Leonard Orban as new members of the European Commission for the term of office remaining until 31 October 2009.