non-voting
adjective [ before noun ]
ukus FINANCE, STOCK MARKET
used to describe company shares that do not allow their owners the right to vote at shareholder meetings:
We own 500 shares of Class A non-voting stock in the company.
The IRS agreed that the stock had a value of $37 per voting share and $35 per non-voting share.
FINANCE, WORKPLACE
used to describe a member of a company's board of directors who does not have the right to vote:
The airline's pilots agreed to a 2% pay cut in return for a non-voting board seat.