DISCOUNT FOR LACK OF CONTROL Definition

Bookmark and Share

DISCOUNT FOR THE LACK OF CONTROL is an amount or percentage deducted from the pro rata share of value of one hundred percent (100%) of an equity interest in a business to reflect the absence of some or all of the powers of control.

Learn new Accounting Terms

PREVENTATIVE CONTROL is a control designed to avoid an unintended event.

DRACHMA (DRACHMAI) is a currency of Greece.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.