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derivative action Law Definition

n

Litigation brought by a shareholder on behalf of a corporation against an officer, on the theory that the corporation is powerless to act on its own behalf.

Browse dictionary entries near derivative action

  1. ‹ derivative
  2. ‹ derivation
  3. ‹ derivable
  4. ‹ deriv
  5. ‹ derisive
  6. ‹ derision
  7. ‹ deride
  8. ‹ dereliction
  9. ‹ derelict
  10. ‹ Derek
  1. derivative pricing model ›
  2. derivative work ›
  3. derivatives ›
  4. derive ›
  5. derm- ›
  6. -derm ›
  7. derma ›
  8. dermabrasion ›
  9. dermal ›
  10. dermapteran ›