Dictionary of Accounting Terms: minority interest
minority interest
ownership interest of those not in the consolidated group of companies when consolidated financial statements are prepared. An example is an outside group that owns 5% of the shares of a subsidiary, with the parent owning 95%.
Dictionary of Finance and Investment Terms: minority interest
minority interest
interest of shareholders who, in the aggregate, own less than half the shares in a corporation. On the consolidated balance sheets of companies whose subsidiaries are not wholly owned, the minority interest is shown as a separate equity account or as a liability of indefinite term. On the income statement, the minority's share of income is subtracted to arrive at consolidated net income.
Dictionary of Real Estate Terms: minority interest
minority interest
ownership of less than 50% of an entity.
