working control

working control definition - finance
The possession of 51 percent or more of a companyÂ’s voting stock. Control of a large corporation can occur when there is less than 50 percent ownership, which is called effective control.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.