Majority Shareholder - Law Dictionary Search Results
Home Dictionary Name: majority shareholdermajority shareholder
majority shareholder : a shareholder who alone or in combination with others controls a majority of the outstanding shares in a corporation ...
majority
majority pl: -ties 1 a : legal age b : the status of one who has reached legal age 2 a : a number or quantity greater than half of a total compare plurality b : the excess of a majority over the remainder of the total 3 a : the group or political party whose votes predominate b : the judges voting in a particular case who together determine the prevailing decision see also majority opinion at opinion compare dissent majority adj ...
age of majority
age of majority :the age at which a person is granted by law the rights (as ability to sue) and responsibilities (as liability under contract) of an adult compare emancipate NOTE: At common law, the age of majority was 21. Age of majority is now set by statute, in most states at 18. The age at which a person may perform various acts, as legally drink alcoholic beverages, make a binding contract, or make a valid will, does not necessarily correspond with the age of majority. ...
Majority
Majority. 1. The full age of 21 years; a minor comes of age in the eye of the law on the day preceding the anniversary of his birth. 2. The grater number. In a deliberative body, questions are ordinarily decided by a majority of those present at a meeting and voting, provided that the whole number present be not less than a certain quorum (see QUORUM) of the whole body. See, e.g., Local Government Act, 1933, s. 75, and Parts I. to V. of the Third Schedule thereto. See MEETING, and as to restrictions upon the powers of a company exercised by a majority in general meeting, see Re Hoare & Co. Ltd., 150 LT 374....
majority leader
majority leader : a leader of the majority party in a legislative body ...
Absolute majority
Absolute majority, means a majority of all those who are entitled to vote in a particular election, whether or not they actually cast ballots, Black Law Dictionary, 7th Edn., p. 966....
majority rule
The rule or doctrine that the numerical majority2 of an organized group can make decisions binding on the whole group as our club makes decisions by majority rule Contrasted with unanimous consent or decision by a decree of a single person or small committee forming part of an organization...
majority opinion
majority opinion see opinion ...
majority leader
The leader of the majority party in a legislature Compare minority leader...
squeezeout
squeezeout : a corporate action or series of actions (as a refusal to declare dividends or the restricting of decision-making power in corporate governance) through which majority shareholders deprive minority shareholders of the benefit of stock ownership usually as part of an attempt to force sale of minority shares compare freezeout NOTE: Freezeout and squeezeout are sometimes used as synonyms. ...
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