Dominant Interest
/ˈdɒmɪnənt ˈɪntrɪst/
Definitions
- (n.) A principal ownership or controlling stake in property or an entity conferring significant control or benefit.
The shareholder with the dominant interest has the power to influence major corporate decisions.
- (n.) A prevailing or superior right, claim, or stake recognized at law or equity over others.
The creditor asserted a dominant interest in the debtor's assets ahead of subordinate claimants.
Related terms
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Commentary
Often arises in corporate and property law contexts; dominant interest usually implies a level of control or priority over other interests.
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.