Define: Stakeholders

UK Accounting Glossary

Definition: Stakeholders


Quick Summary of Stakeholders


A general term devised to indicate all those who might have a legitimate interest in receiving financial information about a business because they have a ‘stake’ in it.



What is the dictionary definition of Stakeholders?

Dictionary Definition


A stakeholder is a party that has an interest in a company and can either affect or be affected by the business.


Full Definition of Stakeholders


A person, group or organisation that has interest or concern in an organisation.
Stakeholders can affect or be affected by the organisation’s actions, objectives and policies.

Some examples of key stakeholders are creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources.



Examples of Stakeholders in a sentence


If you feel that a company is going to perform really well in future, you may want to consider becoming a stakeholder in the organisation.



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/stakeholders/
Modern Language Association (MLA):
Stakeholders. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 17, 2019 https://payrollheaven.com/define/stakeholders/.
Chicago Manual of Style (CMS):
Stakeholders. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/stakeholders/ (accessed: July 17, 2019).
American Psychological Association (APA):
Stakeholders. PayrollHeaven.com. Retrieved July 17, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/stakeholders/

Definition Sources


Definitions for Stakeholders are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.