Speakur

Word Pronunciation & Dictionary

shareholders' derivative action

Word Rarity Rare

Frequency: Zipf frequency 3.46 in modern English

Syllables
share-hold-er-s' deriva-tive ac-tion
IPA
44
Scrabble Score
28
Letters
6
Syllables
13
Unique Chars

Meaning

noun

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.

American usage

Usage

Inflected Forms

shareholders' derivative actions (plural)

Synonyms

shareholders' derivative suit

Questions

What does shareholders' derivative action mean?
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.

How to pronounce shareholders' derivative action

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