MINORITY INTEREST Definition

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MINORITY INTEREST is the interest or percentage ownership of a group of stockholders who, in total, own less than 50% of the shares in the corporation.

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PERPETUAL is a fixed income security with no maturity date, such as a preferred stock with no sinking fund.

LESS THAN CONTAINER LOAD (LCL) is a shipment in which the freight does not completely fill the container; or a particular consignors freight when combined with others to produce a full container load.

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