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 Definition of Qualified majority - Finance dictionary
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Qualified majority ((See Chapter 40 of the Vernimmen))
Depending on the country and on the legal form of the company a qualified majority is generally two thirds or three quarters of outstanding voting rights. See also extraordinary general meeting of shareholders. A qualified majority is required for very important corporate decisions (amendment of articles of association)
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Definitions of terms begining
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Qualified majority ((See Chapter 40 of the Vernimmen))
Depending on the country and on the legal form of the company a qualified majority is generally two thirds or three quarters of outstanding voting rights. See also extraordinary general meeting of shareholders. A qualified majority is required for very important corporate decisions (amendment of articles of association)
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