ordinary resolution

ordinary resolution
A shareholders' resolution to be voted on at the Annual General Meeting or Extraordinary General Meeting of a company, where a majority of votes cast at the meeting is needed for the resolution to be passed. Most resolutions are ordinary resolutions. Dresdner Kleinwort Wasserstein financial glossary
See also special resolution. Dresdner Kleinwort Wasserstein financial glossary

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ordinary resolution ordinary resolution resolution

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ordinary resolution UK US noun [C] MEETINGS
a formal statement on which people in an organization vote, and which must be approved by at least 50% of the shareholders in a special meeting: »

The purchase of assets exceeding a certain value must be approved in a general meeting by an ordinary resolution.


Financial and business terms. 2012.

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Look at other dictionaries:

  • ordinary resolution — A resolution passed by a simple majority of members present at a general meeting. Easyform Glossary of Law Terms. UK law terms. ordinary resolution A resolution that has been passed by a simple maj …   Law dictionary

  • Ordinary resolution — In business or commercial law in certain common law jurisdictions, an ordinary resolution is a resolution passed by the shareholders of a company by a simple or bare majority (for example more than 50% of the vote) either at a convened meeting of …   Wikipedia

  • ordinary resolution — A resolution that is valid if passed by a majority of the votes cast at a general meeting of a British company. No notice that the resolution is to be proposed is required. The UK Companies Act prescribes this type of resolution for certain… …   Accounting dictionary

  • ordinary resolution — A resolution that is valid if passed by a majority of the votes cast at a general meeting of a British company. No notice that the resolution is to be proposed is required …   Big dictionary of business and management

  • ordinary resolution — noun A resolution that requires a majority vote of members present at a general meeting of a company …   Wiktionary

  • ordinary resolution — /ˌɔ:d(ə)n(ə)ri ˌrezə lu:ʃ(ə)n/ noun a resolution put before an AGM, usually referring to some general procedural matter, and which requires a simple majority of votes to be accepted …   Dictionary of banking and finance

  • resolution — A document that records a decision or action by a Board of Directors, or a bond resolution by a government entity authorizing a bond issue. Bloomberg Financial Dictionary * * * resolution res‧o‧lu‧tion [ˌrezəˈluːʆn] noun 1. [countable] an… …   Financial and business terms

  • resolution — /ˌrezə lu:ʃ(ə)n/ noun a decision to be reached at a meeting ♦ to put a resolution to a meeting to ask a meeting to vote on a proposal ● The meeting carried or adopted a resolution to go on strike. ● The meeting rejected the resolution or The… …   Dictionary of banking and finance

  • resolution — A binding decision made by the members of a company. If a motion is put before the members of a company at a general meeting and the required majority vote in favour of it, the motion is passed and becomes a resolution. A resolution may also be… …   Accounting dictionary

  • resolution — A binding decision made by the members of a company. If a motion is put before the members of a company at a general meeting and the required majority vote in favour of it, the motion is passed and becomes a resolution. A resolution may also be… …   Big dictionary of business and management

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