Preferential Voting - Law Dictionary Search Results
Home Dictionary Name: preferential votingPreferential voting
A system of voting as at primaries in which the voters are allowed to indicate on their ballots their preference usually their first and second choices between two or more candidates for an office so that if no candidate receives a majority of first choices the one receiving the greatest number of first and second choices together in nominated or elected...
Preferential
Giving indicating or having a preference or precedence as a preferential claim preferential shares...
Preferential payments
Preferential payments, in bankruptcy, administra-tion of estates of persons dying insolvent, and winding up of a company:-One year's rates and taxes, four months' salaries of clerks up to fifty pounds, and two months' wages of labourers or workmen, up to twenty-five pounds (labourers in husbandry paid partly in a lump sum at the end of the year of hiring to have the whole or proportionate part of that sum). Also sums due under the Workmen's Compensation Acts, the National Insurance Acts (Health and Unemployment and Contributory Pensions). These debts rank equally between them unless the assets are insufficient, in which case they are to abate in equal proportions. By the (English) Bankruptcy Act, 1914 (see s. 34), the preference was extended to apprentices. See the (English) Bankruptcy Act, 1914, s. 33, and the (English) Companies Act, 1929, s. 264, by which these debts are directed to be paid in priority to all others; and by s. 264 (4) (b) of the Companies Act, 1929, these debts are ...
vote
vote [Latin votum vow, hope, wish] 1 a : a usually formal expression of opinion or will in response to a proposed decision ;esp : one given as an indication of approval or disapproval of a proposal, motion, or candidate for office b : the total number of such votes made known at a single time [got half the ] 2 : the collective opinion or preference of a body of persons expressed by voting 3 : the right to cast a vote ;specif : the right of suffrage 4 a : the act or process of voting [brought the question to a ] b : a method of voting vb vot·ed vot·ing vi 1 a : to cast or conduct a vote [ for acquittal] b : to exercise a political franchise [encourage people to ] vt 1 : to choose, endorse, decide the disposition of, defeat, or authorize by vote [ an appropriation] 2 : to cast votes on a corporate matter on the basis of [voted their shares against the proposed merger] ...
Casting vote
Casting vote, the vote given by the chairman or president of a deliberative assembly when the suffrages of the meeting are equal. The chairman, though not disqualified by law from voting, Nell v. Longbottom, 1894 (1) QB 767, is usually not entitled to vote in the first instance.The Speaker of the House of Commons (though he was no vote in the first instance) has a casting vote, and by the practice of the House gives it in favour of a motion or bill, so as to give opportunity for further consideration. So has the mayor or other chairman at a meeting of a town council (English) (Municipal Corporations Act, 1882 (45 & 46 Vict. c. 50), s. 22, and Sched. II., r. 11), and the Chairman of a (English) Country Council (Local) Government Act, 1888 (51 & 52 Vict. c. 41), s. 75), and the chairman of a parish meeting, or Parish Council (Local Government Act, 1894 (56 & 57 Vict. c. 73), Sched. I., Pt. 2, r. 8, and Pt. 3, r. 10). These Acts have been replaced, except in regard to London, by the Local...
Faggot votes
Faggot votes. A faggot vote is where a man is formally possessed of a right to vote for a member of Parliament, without possessing the substance which the vote should represent; as if he is enabled to buy a property, and at the same moment mortgage it to its full value for the mere sake of the vote; such a vote is called a faggot vote. The (English) Reform Bill of 1832 contained provisions which were directed against faggot voters. The Representation of the People Act, 1884, carried such provisions still further. Since the Representation of the People Act, 1918, the subject of faggot votes has become a matter of historical interest only....
preference or preferential debt payment
preference or preferential debt payment A debt payment made to a creditor in the 90 Source: Administrative Office of the U.S. Courts ...
preferential
preferential 1 : of or constituting a preference [a transfer] 2 : giving preference to union members esp. in hiring [a shop] 3 : showing preference [these creditors may obtain treatment] ...
Preferential or preference shares or stock
Preferential or preference shares or stock, shares or stock in a company having priority as to payment of dividends of a fixed amount, and, in some cases, of capital upon a winding-up, over the ordinary shares. The dividends are usually contingent upon the profits of each year or half-year. In some cases, however, the arrears of dividend form an accumu-lating debt by the ordinary to the preference shareholders, the preference being in that case described as a 'non-contingent' or a 'xumulative' preference. And see DEFERRED STOCK....
voting rights
voting rights 1 : rights of participation in esp. public elections see also Voting Rights Act in the Important Laws section 2 : the rights of shareholders or directors to vote on corporate matters compare voting stock at stock voting trust at trust ...
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