HomeServicesBlogDictionariesContactSpanish Course
Home › Dictionary › English › shareholders' derivative action
← Back to search

Meaning of shareholders' derivative action | Babel Free

Noun CEFR C1

Definitions

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.

US

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

shareholders' meeting shareholdership shareholding sharehome sharehouse shareland

Learn this word in context

See shareholders' derivative action used in real conversations inside our free language course.

Start Free Course

Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free