MAJORITY OWNERSHIP
\məd͡ʒˈɒɹɪtˌi ˈə͡ʊnəʃˌɪp], \mədʒˈɒɹɪtˌi ˈəʊnəʃˌɪp], \m_ə_dʒ_ˈɒ_ɹ_ɪ_t_ˌi_ ˈəʊ_n_ə_ʃ_ˌɪ_p]\
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Control of the firm arises from common stock or ordinary shares holdings of 51 percent or more. Much less than 51 percent of shares, however, may gain effective control if a significantly high percentage of shares is not held by one of the many shareholders. Also known as majority interest.
By Henry Campbell Black
Word of the day
Procollagen Proline Dioxygenase
- mixed-function oxygenase that catalyzes hydroxylation prolyl-glycyl-containing-peptide, usually in protocollagen, hydroxyprolylglycyl-peptide. The enzyme utilizes molecular oxygen with a concomitant oxidative decarboxylation of 2-oxoglutarate to succinate. EC 1.14.11.2.