Having less than 50 of equity share in an international venture is called
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it is known as minority interest
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Having less than 50 of equity share in an international venture is called minority interest.
It is the non-controlling interest (NCI) that is less than 50 per cent of the subsidiary by any company or investor apart from the parent company.
It shows the concurrent liability on the total balance sheet of the parent company representing the minority shareholders.
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