MINORITY DISCOUNT
\ma͡ɪnˈɒɹɪti dˈɪska͡ʊnt], \maɪnˈɒɹɪti dˈɪskaʊnt], \m_aɪ_n_ˈɒ_ɹ_ɪ_t_i d_ˈɪ_s_k_aʊ_n_t]\
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Because a non-owner or minority owner cannot maintain or otherwise engage in the business' operations, this specific type of discount is received by shareholders, company owners of less that 50% ownership, and other non-controlling interests in the assets of a small business.
By Henry Campbell Black
Word of the day
Platidiam
- An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.