Controlling
/kənˈtroʊ.lɪŋ/
Definitions
- (adj.) Having power to direct or influence legal or business decisions, often through ownership of voting rights or contractual authority.
The controlling shareholder exercised significant influence over corporate policies.
Related terms
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Commentary
Often used in corporate and securities law to describe entities with decisive influence; clarity in defining controlling interest is critical in agreements to delineate rights and liabilities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.