interlocking directorate

interlocking directorate
The relationship between two or more corporations who have directors or officers in common. 19 Am J2d Corp § 1307.

Ballentine's law dictionary. . 1998.

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  • interlocking directorate — n: a directorate linked with that of another corporation by interlocking directors Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. interlocking directorate …   Law dictionary

  • Interlocking directorate — Network diagram showing interlocks between various U.S. corporations/institutions, and four major media/telecom corporations (circled in red) …   Wikipedia

  • interlocking directorate — An interlocking directorate (or directorship) is created when an individual who sits on the board of directors of one business organization takes a board seat with another. One study of 456 of the most important manufacturing firms in the United… …   Dictionary of sociology

  • interlocking directorate — noun : a directorate linked with that of another corporation by interlocking directors so that the businesses managed by them are to some degree under one control * * * a corporate directorate that includes one or more members who serve… …   Useful english dictionary

  • interlocking directorate — a corporate directorate that includes one or more members who serve simultaneously in the directorates of other corporations. * * * …   Universalium

  • interlocking directorate — Describes cross memberships of directors on each other s company Board of Directors. Bloomberg Financial Dictionary …   Financial and business terms

  • interlocking directors — n. People who serve on the boards of directors of two or more corporations simultaneously, resulting in a situation called an interlocking directorate, which can be used to restrict competition and is often illegal under antitrust law. The… …   Law dictionary

  • Directorate — An organization headed by a director. In finance, directorate is sometimes used in place of board of directors, which is the group of individuals that makes decisions for a corporation on behalf of its shareholders. In politics, directorates are… …   Investment dictionary

  • directorate — Synonyms and related words: board, board of directors, board of regents, board of trustees, bureaucracy, cabinet, cadre, captainship, chairmanship, convenership, council, custody, dictatorship, directorship, directory, executive arm, executive… …   Moby Thesaurus

  • directorate — n. interlocking directorates * * * [d(a)ɪ rekt(ə)rɪt] interlocking directorates …   Combinatory dictionary

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