If the ownership of a closely held company is less than 50 percent of the stock,then the ownership is termed as a __________.

Question

If the ownership of a closely held company is less than 50 percent of the stock,then the ownership is termed as a __________. ​

Quizplus · Accepted Answer

Minority interest refers to an ownership stake that is less than 50% of the total equity or shares in a company. This means that the shareholder does not have control over the company's decisions and policies but may still receive benefits, such as dividends or capital appreciation. Majority interest, on the other hand, refers to an ownership stake that is more than 50% and gives the shareholder control over the company. Marketable asset and block asset are not relevant terms in this context.

If the Ownership of a Closely Held Company Is Less