Minority (or noncontrolling)interest is any voting stock not held by the parent.

Name: Minority (or noncontrolling)interest is any voting stock not held by the parent.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Minority interest refers to any ownership interest in a subsidiary that is not owned by the parent company. It can include both voting and non-voting stock, but the key factor is that it represents less than 50% ownership and therefore does not give the parent company control over the subsidiary.

Minority (Or Noncontrolling)interest Is Any Voting Stock Not Held by the Parent