What is meant by MINORITY INTEREST,?

Question

A term generally found in a coys balance sheet

Answer 1

Shareholders who own less than half the shares in a corporation, if thats not the right definition .. try these

http://www.google.nl/search?hl=nl&q=defi...

Answer 2

Minority interest in business is an accounting concept that refers to ownership of a company (subsidiary) that is less than 50% of outstanding sharesMinority interest belongs to other investors and is reported on the consolidated balance sheet of the owning company between liabilities and equity sections to reflect the claim on assets belonging to other, non-controlling shareholders.

Answer 3

Owning less than others

90% Majority Interest

10% Minority Interest