- ballot
- The document distributed at the annual meeting to shareholders of record who wish to vote their shares in person. Bloomberg Financial Dictionary
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▪ I. ballot bal‧lot 1 [ˈbælət] noun [countable, uncountable]1. an occasion when people can vote, usually secretly, or a system of voting like this:• A ballot of the workforce resulted in a 2-1 vote in favour of industrial action.
• a committee elected by secret ballot
• Her union called an immediate strike ballot to decide whether a strike should go ahead.
2. FINANCE a way of choosing who will get shares when there are too many requests for shares that are being made available for the first time[m0] ▪ II. ballot ballot 2 verb balloted PTandPP or ballotted balloting PRESPART or ballotting [intransitive, transitive]1. to ask people to vote in order to decide something:• The chairman is elected by ballotting all the shareholders.
• My union is at present ballotting to decide on industrial action.
2. FINANCE to choose who will get shares when there are too many requests for shares that are being made available for the first time* * *
Ⅰ.ballot UK US /ˈbælət/ noun► [C] an occasion when people vote on something, usually in secret, or the system for voting: »The officials are elected by ballot.
»About 45 percent of the state's 2.8 million registered voters cast a ballot in the primary.
»The union is planning to hold a ballot for strike action.
► [C] (UK also ballot paper) a piece of paper on which you write your vote: »In Britain, the normal share of spoiled ballot papers in a general election is less than 1%.
► [C or U] STOCK MARKET a method of choosing which investors will get shares that are being offered for the first time, when the demand for shares is greater than the number being offeredⅡ.ballot UK US /ˈbælət/ verb [I or T]► to organize a secret vote by a group of people in order to find out their opinions: »The union said it would ballot workers over industrial action in a pay dispute.
»Thousands of steelworkers are to be balloted for strike action.
► STOCK MARKET to choose the investors who will get shares that are being offered for the first time, when the demand for shares is greater than the number being offered
Financial and business terms. 2012.