| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
Supermajority
Definition 1.
Provision in a company's charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger.
|
Definition 2.
A corporate amendment in a company's charter requiring a large majority (anywhere from 67%-90%) of shareholders to approve important changes, such as a merger.
|
|
|