straight voting

Definition

Using all of one shareholder's votes to vote the same way. Usually in publically traded companies shareholders are allowed one vote per each share that they hold. Straight voting is when a shareholder uses all of their shares to vote the same way.

Use straight voting in a sentence

I normally use straight voting when I receive my proxy materials on my equities as I usually do not have enough information or incentive to do otherwise.

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In the Adam Sandler movie "Mr. Deeds," the evil corporate villain nearly succeeded through straight voting, because he owned almost all of the shares for the company.

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Our company CEO was shocked to learn that two members of the board of directors would be voted off after the activist investor used his shares for straight voting against his preferred slate.

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