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
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.