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Voting right

• The right of a stockholder to vote for members of the board of directors and on matters of corporate policy - particularly the issuance of senior securities, Stock Splits, and substantial changes in the corporation's business. A variation of this right is extended to variable annuity contract holders and mutual fund shareholders, who may vote on material policy issues.

 
 Embedded terms in definition
 Annuity
Board of directors
Contract
Mutual fund
Right
Securities
Senior
Shareholders
Stock split
Stockholder
Stock
Variable annuity
Variable
 
 Related Terms
 

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We may think there is willpower involved, but more likely… change is due to want power. Wanting the new addiction more than the old one. Wanting the new me in preference to the person I am now. – George Sheehan

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