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unequal voting
These provisions limit the voting rights of some shareholders and expand those of others. Under time-phased voting, shareholders who have held the stock for a given period of time are given more votes per share than recent purchases. Another variety is the substantial shareholder provision, which limits the voting power of shareholders who have exceeded a certain threshold of ownership.
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- Part of Speech: noun
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- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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