• 50% of the outstanding votes plus one vote.
| ||Embedded terms in definition|
| ||Referenced Terms|
| ||Accumulation: Refers to buying often coincident with market bottoms or consolidations. It also refers to purchases by insiders, Control people, or major investors.The value of an individual s savings in an investment fund or deferred annuity until withdrawals or income payments begin.|
| ||Agent: The decision-maker in a principal-agent relationship.Is a party who acts on the behalf of another. This occurs when a broker executes a trade for the benefit of the customer. Here, the broker receives a commission. This compares to a dealer transaction. See Broker-Dealer.A firm that executes orders for or otherwise acts on behalf of another (the principal) and is subject to its Control and authority. The agent may receive a fee or commission.|
| ||Corner: Refers to a market condition whereby an individual or group of individuals have gained Control of a commodity or market.|
| ||Discretionary account: Is an account whereby another party holds limited or full Power of Attorney over the trading or investment account of another.Accounts over which an individual or organization, other than the person in whose name the account is carried, exercises trading authority or Control.|
| ||Distribution: Refers to selling often coincident with market tops or consolidations. It also refers to the liquidation, partial or entire, by insiders, Control people, or major investors. The term also refers to a disbursement out of a retirement plan or mutual fund.|
| ||Related Terms|
| ||Dupont system of financial control|
National entry control systems
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Be wiser than other people, if you can, but do not tell them so. - Lord Chesterfield