单词 | a quorum |
释义 | quorumDefinition Fixed minimum number of eligible members or stockholders (shareholders) who must be present (physically or by proxy) at a meeting before any official business may be transacted or a decision taken therein becomes legally binding. Usually the articles of association or bylaws of a firm specify this number, otherwise the number prescribed in corporate legislation (such as company law) is followed. Use 'quorum' in a SentenceWe could not hold the meeting until the quorum was in attendance, as that was the requirement before the board could handle any official business. With the arrival of the new member to the meeting, the company had reached its quorum and could now officially vote on the new stock referendum. I'm sorry but I cannot discuss this at this time, in order for me to speak about this we must achieve a quorum |
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