Magnate
/ˈmæɡ.nət/
Definitions
- (n.) A person of great influence, power, or importance in a particular industry or field, often with extensive business interests.
The railroad magnate controlled vast stretches of the national rail system.
Related terms
See also
Commentary
Typically used to describe individuals with significant economic influence, especially in contexts involving trusts, monopolies, or antitrust law.
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.