supermajority

Definition

A percentage larger than a simple majority; often 67%. Company charters often require a supermajority of shareholders to approve an important proposal, such as a merger or sale. It exceeds the simple majority used for most voting-based decisions, and is often included as an amendment to the charter.

Use supermajority in a sentence

The supermajority was against it and I found that surprising cause they usually didn't know the right way to think.

​ Was this Helpful? YES  NO 6 people found this helpful.

If you want to make sure that you won't get in to much trouble if something fails then you should have the supermajority on your side.

​ Was this Helpful? YES  NO 2 people found this helpful.

It is impossible to have our shared opinion result in a favorable vote when our opposition holds the supermajority and can overshadow us, despite our numbers.

​ Was this Helpful? YES  NO 4 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
majority ownership board-out clause