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单词 supermajority provisions
释义 supermajority provisions

Provisions in the byelaws of a company that call for more than a simple majority of its members when voting on certain motions, such as the approval of a merger or whether or not to agree to a takeover. In these circumstances the provisions may call for a supermajority of between 70% and 80% of the votes cast.

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更新时间:2025/2/2 13:28:39