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Minority interest or share in a corporation refers to a shareholder who holds less than50 percent of the shares of that corporation's voting stock. An individual may hold a minority interest, but most often the minority interest in one corporation is held by another corporation.
For accounting purposes, the minority interest in a subsidiary is shown on a consolidated balance sheet in a specific way. The parent company figures are combined with those of the subsidiary. The portion of the subsidiary company's stock not owned by the parent company is minority interest.
When you look at a Balance Sheet you will see an entry Called “Minority Interest” and refers to the equity of the minority shareholder in a company’s subsidiaries.
