Definitions for family business

This page provides all possible meanings and translations of the word family business

Princeton's WordNet

  1. family business(noun)

    a corporation that is entirely owned by the members of a single family

Wiktionary

  1. family business(Noun)

    A business whose owners are all members of the same family.

Freebase

  1. Family business

    A family business is a business in which one or more members of one or more families have a significant ownership interest and significant commitments toward the business’ overall well-being. In some countries, many of the largest publicly listed firms are family-owned. A firm is said to be family-owned if a person is the controlling shareholder; that is, a person can garner enough shares to assure at least 20% of the voting rights and the highest percentage of voting rights in comparison to other shareholders. Some of the world's largest family-run-businesses are Walmart, Samsung Group, Tata Group and Foxconn. Family owned businesses account for over 30% of companies with sales over $1 billion.

Translation

Find a translation for the family business definition in other languages:

Select another language:

Discuss these family business definitions with the community:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"family business." Definitions.net. STANDS4 LLC, 2014. Web. 2 Sep. 2014. <http://www.definitions.net/definition/family business>.

Are we missing a good definition for family business?


The Web's Largest Resource for

Definitions & Translations


A Member Of The STANDS4 Network


Nearby & related entries:

Alternative searches for family business: