straight voting

Definition of "straight voting"
  1. A method of voting in which each shareholder in a corporation can assign one vote per share they own for each director position that's available
How to use "straight voting" in a sentence
  1. The corporate process allowed straight voting, enabling shareholders to assign one vote per share for each available director post.
  2. Using the system of straight voting, the investor with 1000 shares could cast 1000 votes for each open director slot.
  3. Despite having a small share in the company, he could still participate in the director selection due to the straight voting system.

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