shareholders' derivative action

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.

Similar
shareholders' derivative suit
Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounshareholders' derivative action (plural shareholders' derivative actions)

plural shareholders' derivative actions

  1. USlawA 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.

    Synonyms: shareholders' derivative suit

Synonyms & antonyms

nounA 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.

Similar
shareholders' derivative suit
Cite this entry
APA

shareholders' derivative action. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/shareholders'%20derivative%20action

MLA

“shareholders' derivative action.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/shareholders'%20derivative%20action. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “shareholders' derivative action,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/shareholders'%20derivative%20action.

Source: shareholders' derivative action on Wiktionary, CC BY-SA 4.0.