Explanation of "Voting Stock"
Definition: "Voting stock" refers to a type of share in a corporation that gives the shareholder the right to vote on important company decisions. This means that if you own voting stock, you can help decide things like who will be on the board of directors or whether to approve a major company change.
Usage Instructions:
Voting stock is typically held by shareholders who want a say in how the company is run.
Not all stocks are voting stocks; some stocks, known as "non-voting stock," do not provide these voting rights.
Example:
Advanced Usage:
Word Variants:
Voting Rights: The rights that come with voting stock, allowing shareholders to vote on corporate matters.
Shareholder: A person or entity that owns shares in a corporation.
Different Meanings:
In a broader sense, "voting" refers to the act of making a choice or decision, usually in a formal way, such as in elections or meetings.
"Stock" can refer to goods or merchandise in general, but in this context, it specifically means shares in a company.
Synonyms:
Equity shares: Another term for stock, but it may not always imply voting rights.
Common stock: Often synonymous with voting stock, as it usually carries voting rights.
Idioms and Phrasal Verbs:
Summary:
In summary, voting stock is important for those who want to influence a company's decisions. Owning voting stock means you have a voice in how the company is operated.