voting shares


Common Stock

Stock in a publicly-traded company that entitles holders to vote in the annual meeting, to elect the board of directors, and to generally exercise control of the company. While common stockholders are important in terms of their level of control, they have the least precedence in the event of liquidation. That is, if the company goes bankrupt, common stockholders do not receive any money until all bondholders, other debt holders, and preferred shareholders are paid in full. Likewise, common stock is not entitled to a guaranteed dividend. Common stock is also called ordinary stock.

voting shares

the ORDINARY SHARES that allow the SHAREHOLDERS to cast a vote for each share held at a company's ANNUAL GENERAL MEETING. See also SHARE CAPITAL.

voting shares

the ORDINARY SHARES that allow a SHAREHOLDER to cast a vote for each share held at a company's ANNUAL GENERAL MEETING. See also SHARE CAPITAL.