contingent voting power

contingent voting power
Enables preferred stockholders to vote when the company fails to satisfy the agreement between itself and the preferred stockholders. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • Contingent Voting Power — A provision granting voting rights to preferred shareholders when the company cannot uphold the obligations outlined in the preferred shareholder arrangement. Contingent voting powers offer the shareholders additional security for holding… …   Investment dictionary

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  • voting trust — Simply stated, a device whereby persons owning stock with voting powers divorce the voting rights thereof from the ownership, retaining the latter to all intents and purposes and transferring the former to trustees in whom the voting rights of… …   Ballentine's law dictionary

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  • History and use of instant-runoff voting — Instant runoff voting was invented around 1870 by the American architect W. R. Ware. Today it is in use at a national level to elect the Australian House of Representatives, the Fijian House of Representatives and the President of Ireland. In… …   Wikipedia

  • Electoral College (United States) — Electoral votes by state/federal district, for the elections of 2012, 2016 and 2020, with apportionment changes between the 2000 and 2010 Censuses …   Wikipedia

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