Non-controlling interest
Financial Dictionary — Consolidation
Definition
Equity in a subsidiary not attributable to the parent.
Detailed Explanation
Non-controlling interest (NCI) is the portion of equity in a subsidiary not attributable to the parent company.
Common Uses
- Used to explain the concept in accounting and business contexts.
- Used when training staff or documenting procedures and policies.
- Used when training staff or documenting procedures and policies.
Practical Example
- Example: Teams reference **Non-controlling interest** when defining terms in manuals, policies, or training materials.
Why This Term Matters
- Why it matters: Improves clarity and consistency across documentation and decision-making.