Majority voting
Voting system under which each director is voted upon separately. |
Similar financial terms
SupermajorityProvision in a company's charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger.
Voting rights
The right to vote on matters that are put to a vote of security holders. For example the right to vote for directors.
Straight voting
A shareholder may cast all of his votes for each candidate for the board of directors.
Block voting
A group of shareholders banding together to vote their shares in a single block.
Cumulative voting
A system of voting for directors of a corporation in which shareholder's total number of votes is equal to his number of shares held times the number of candidates.
