ordinary resolution

ordinary resolution
A resolution that requires a majority vote of members present at a general meeting of a company.

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  • 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 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… …   Financial and business terms

  • 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 — /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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