Examlex
A social worker has a Moroccan American client who has been denied certain Medicaid benefits. The social worker explains the client's situation to the Medicaid representative in order to persuade the representative to reverse the earlier decision. This is an example of
Non-controlling Interest
Non-controlling interest is an ownership interest in a business entity by shareholders that are not the parent company or controlling shareholders, reflecting their share of the equity in a subsidiary.
Subsidiary
A business that is under the control of another business, referred to as the parent company, by holding a majority of its voting shares.
Attributable Interest
A financial term referring to the ownership interest or stake that a person or entity has in an investment, often influencing the share of profits or losses they would receive.
Consolidation
The process of combining the financial statements of two or more entities to form a single set of statements.
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