derivative action

listen to the pronunciation of derivative action
English - English
{i} derivative suit, legal suit filed by a shareholder in the name of a corporation
shareholders' derivative action
A lawsuit brought on behalf of a corporation by a shareholder in that corporation, against a third party usually an insider of the corporation, such as an executive officer or director
derivative action

    Hyphenation

    de·ri·va·tive ac·tion

    Turkish pronunciation

    dırîvıtîv äkşın

    Pronunciation

    /dərˈəvətəv ˈaksʜən/ /dɜrˈɪvətɪv ˈækʃən/
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