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simple majority |
Also found in: Wikipedia | 0.01 sec. |
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simple majority Fifty-one percent of the voting members or shares. Contrast with supermajority. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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Bishop now owns 50% plus one share, Lufthansa
holds 30% minus one share and SAS Scandinavian Airlines owns 20%. 51, Consolidated Financial Statements, which
established the bright-line rule of 50% plus one voting interest for
determining whether a subsidiary's statements should be
consolidated into the parent's. Concern RTI acquired a 50% plus one share interest in UralEleketro,
and a 100% stake in UralElektro-K, for a total cash consideration of US$
5. |
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