Examlex
Tom is a bit of a dunce when it comes to mathematics, and he hasn't studied a bit for the next test. Therefore, he probably won't do very well on that test.
Noncontrolling Interest
A minority share in a subsidiary that is not enough to exert control, often reflected in the parent company's financial statements as part of equity but separate from the parent's equity.
Consolidated Balance Sheet
A financial statement that combines all the assets, liabilities, and equity of a parent company and its subsidiaries into one document.
Acquisition
The process by which one company purchases most or all of another company's shares to gain control of that company.
Control Premium
An additional amount paid over the current market value of a company when acquiring a controlling interest, reflecting the value of gaining control.
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