MAJORITY INTEREST Definition

Bookmark and Share

MAJORITY INTEREST is an ownership interest greater than fifty percent (50%) of the voting interest in a business enterprise.

Learn new Accounting Terms

FULLY DEPRECIATED is when an asset has already been charged with the maximum amount of depreciation allowed by the taxing authority for accounting purposes.

CASH is money, in the form of notes and coins, which constitutes payment for goods at the time of purchase.

Suggest a Term

Enter Search Term

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