MAJORITY CONTROL Meaning and
Definition
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Majority control refers to the state or condition in which a person, group, or entity holds the greater portion of power, authority, ownership, or voting rights in a particular situation or context. It is the ability to exercise influence, make decisions, and direct the course of action due to possessing a greater number or percentage of shares, votes, or support than any other individual or group involved.
In corporate governance, majority control often refers to the ownership and control of a company by a single person or a group of unanimous shareholders who collectively possess more than 50% of the company's voting shares. This majority control enables the dominant individual or group to exercise significant influence over the decisions and strategic direction of the company, including the appointment of directors and the execution of important corporate actions.
In political contexts, majority control refers to the ability of a political party or coalition to hold the greatest number of seats or votes in a governing body, such as a parliament or congress. As a result, the party or coalition with majority control can often determine legislation and policy decisions, appoint key officials, and exert significant influence over the government's agenda and initiatives.
Overall, majority control implies having the upper hand, decision-making authority, and qualitative advantage over other individuals or groups involved in a specific domain, whether it be corporate, political, or any other organizational setting.
Common Misspellings for MAJORITY CONTROL
- najority control
- kajority control
- jajority control
- mzjority control
- msjority control
- mwjority control
- mqjority control
- mahority control
- manority control
- mamority control
- makority control
- maiority control
- mauority control
- majirity control
- majkrity control
- majlrity control
- majprity control
- maj0rity control
- maj9rity control
- majoeity control
Etymology of MAJORITY CONTROL
The word "majority" comes from the Latin word "majoritas", which means "greater" or "greater number". It is derived from the Latin word "maior", meaning "greater" or "elder".
The word "control" originates from the Latin word "contrarotulum", which means "counter-roll" or "register". It is derived from the Latin word "controlus", meaning "a checking or regulating device".
When combined, "majority control" refers to the power or authority held by the greater number or majority of individuals to govern, manage, or oversee a particular entity or decision-making process.
