Examlex
Inside Tanya's monthly statement from Tex-Oil was a leaflet for a portable air compressor.The advertisement for the air compressor is an example of a
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.
Cumulative Voting
A voting system that allows shareholders to concentrate their vote allocation among one or more candidates, enhancing minority shareholders' ability to elect a director.
Straight Voting
A corporate voting procedure in which shareholders may cast all votes for a single candidate for the board.
Cumulative Voting
A voting system that allows shareholders to allocate all their votes to one candidate or distribute them among several candidates, often used in corporate board elections to strengthen the voting power of minority shareholders.
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