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Look up:
supermajority
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Supermajority
Provision in a company's charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger. Found op http://www.nytimes.com/library/financial/glossary/bfgloss.htm
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supermajority
supermajority 1. A majority that must represent some percentage more than a simple majority. 2. A majority greater than a specified number, as 60%, of the total: required to pass certain types of legislation, override vetos, etc. Found op http://www.wordinfo.info/words/index/info/view_unit/1239/2
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Supermajority
Provision in a company`s charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger. Found op http://www.duke.edu/~charvey/Classes/wpg/bfgloss.htm
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Supermajority
A provision in a firm`s charter that requires a majority to pass certain transactions. Discover What It`s Like to Live Easy With EquiTrend Found op http://www.equitrend.com/glossary3894.xhtml
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Supermajority
A supermajority or a qualified majority is a requirement for a proposal to gain a specified level or type of support which exceeds a simple majority (over 50%). In some jurisdictions, for example, parliamentary procedure requires that any action that may alter the rights of the minority has a super... Found op http://en.wikipedia.org/wiki/Supermajority
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