non-voting stock

non-voting stock definition - finance
Stock issued by a company that doesnÂ’t come with any voting rights. Preferred stock often is non-voting stock. In the case of unwanted hostile takeovers, non-voting stock may be issued.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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