Partial Vote

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Partial Vote

When only a portion of the total shares in an account is voted. For example, a broker has 1,000 shares and sends out a card to each of four shareholder clients. If only three of the four client cards are returned to the broker, the broker will submit only 3/4ths(750 shares) of the total 1,000 shares to vote. If the fourth card arrives later, an additional vote can be counted.

Partial Vote

A situation in which a shareholder does not vote with all available shares, or when all of a broker's clients with shares in a company do not inform the broker of their intended votes. For example, if a shareholder or broker holds 100 shares in AT&T, but only votes with 90 shares at the shareholders' meeting, that shareholder or broker has engaged in a partial vote.

References in periodicals archive ?

One hundred years since The Representation of the People Act gave women partial voting rights, this explosion of passion and energy would have been applauded by the Pankhursts.

Banging the drum for all women everywhere; SHE BANGS THE DRUMS Museum of Science and Industry, Manchester