- one who holds money bet by others and pays it to the winner
- a person or group having a stake, or interest, in the success of an enterprise, business, movement, etc.
An example of a stakeholder is a person who has invested in a business and who will be impacted by whether the business is profitable or not.
- One who has a share or an interest, as in an enterprise.
- One who holds the bets in a game or contest.
- A person holding the stakes of bettors, with the responsibility of delivering the pot to the winner of the bet.
- An escrow agent or custodian.
- (law) A person filing an interpleader action, such as a garnishee or trustee, who acknowledges possession of property that is owed to one or more of several other claimants.
- A person or organisation with a legitimate interest in a given situation, action or enterprise.
The last definition essentially contradicts the historic definitions and hence the word has become a contronym. The last definition refers to one who has an interest in an issue, whereas the initial definitions refer to one who does not have an interest in the property held. The last definition has gained significant use since the 1990s, especially when discussing corporate governance.
stakeholder - Computer Definition
Any individual who may be affected by a business decision. The term may refer to just about anyone who has some interest in a company or its products; however, it specifically excludes shareholders, who are officially part owners of the company.
stakeholder - Legal Definition
- It was disseminated electronically, by email and through stakeholder body networks and made available on the web.
- Companies guided by the stakeholder perspective are typically those that hold themselves - and their employees - accountable for conducting business in a socially responsible manner.
- Further, because the decisions that tend to be made in a culture characterized by the stakeholder approach are ones focused on long term success, in the long run shareholders ultimately benefit to an even greater extent.
- In practice, a stakeholder philosophy of doing business results in decisions and actions often described as ones that exhibit corporate social responsibility.
- Decisions also focus on doing what is in the best interests of employees, customers, the community where the business operates, other stakeholder groups.