Weighted Ballot

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Weighted Ballot

After an oversubscription for a new issue, a ballot used to allot new shares in such a way that either those who have subscribed to larger or smaller portions of the issue receive a disproportionate amount. That is, the weighted ballot is used to allocate available shares in the new issue either to small investors or large investors.
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The fact that some union members and staff may not even be active within the NDP, yet could end up with "weighted ballots" worth many times the value of the "normal" ballots of other union members, smacks of elitism.
Holding explained the weighted ballots -- determined primarily by members' dues based on their volume -- applied to public-policy decisions.
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