supermajority

su·per·ma·jor·i·ty

S0899900 (so͞o′pər-mə-jôr′ĭ-tē, -jŏr′-)n. pl. su·per·ma·jor·i·ties A specified majority of votes, such as 60 percent, required to approve a motion or pass legislation.

supermajority

(ˌsuːpəməˈdʒɒrɪtɪ) n, pl -ties (Government, Politics & Diplomacy) a specified majority of votes (that exceeds the simple majority) needed to approve a motion

su•per•ma•jor•i•ty

(ˈsu pər məˌdʒɔr ɪ ti, -ˌdʒɒr-)

n., pl. -ties. a majority greater than a specified number, as 60%, of the total: required to pass certain types of legislation, override vetoes, etc. [1990–95]

Supermajority

Provision in a company's charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger.

Supermajority

A percentage of shareholders, usually 67% to 90%. A supermajority is often required for a company to take certain actions, such as amending the charter. Some companies require supermajorities as anti-takeover measures. For example, a company may require two-thirds of shareholders to approve of a merger or acquisition. Supermajority provisions exist primarily to ensure the company's independent survival, but they may limit the board of directors' authority in even a friendly takeover.

supermajority

A specified number of votes greater than a 51 percent simple majority. Some condo association bylaws,corporation bylaws,or neighborhood association rules require a supermajority for certain actions, such as making special assessments or amending the bylaws. The rules for the organization will specify the size of the supermajority, which can be anything from 67 to 95 percent.

单词	supermajority
释义	supermajority su·per·ma·jor·i·ty S0899900 (so͞o′pər-mə-jôr′ĭ-tē, -jŏr′-)n. pl. su·per·ma·jor·i·ties A specified majority of votes, such as 60 percent, required to approve a motion or pass legislation. supermajority (ˌsuːpəməˈdʒɒrɪtɪ) n, pl -ties (Government, Politics & Diplomacy) a specified majority of votes (that exceeds the simple majority) needed to approve a motion su•per•ma•jor•i•ty (ˈsu pər məˌdʒɔr ɪ ti, -ˌdʒɒr-) n., pl. -ties. a majority greater than a specified number, as 60%, of the total: required to pass certain types of legislation, override vetoes, etc. [1990–95] EncyclopediaSeeQualified Majority Supermajority Supermajority Provision in a company's charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger. Supermajority A percentage of shareholders, usually 67% to 90%. A supermajority is often required for a company to take certain actions, such as amending the charter. Some companies require supermajorities as anti-takeover measures. For example, a company may require two-thirds of shareholders to approve of a merger or acquisition. Supermajority provisions exist primarily to ensure the company's independent survival, but they may limit the board of directors' authority in even a friendly takeover. supermajority A specified number of votes greater than a 51 percent simple majority. Some condo association bylaws,corporation bylaws,or neighborhood association rules require a supermajority for certain actions, such as making special assessments or amending the bylaws. The rules for the organization will specify the size of the supermajority, which can be anything from 67 to 95 percent.
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