1. an election where people vote for someone by marking a cross on a paper with a list of names
    ExampleSix names were put forward for three vacancies on the committee so a ballot was held.
  2. a selection made by taking papers at random out of a box
    ExampleThe share issue was oversubscribed, so there was a ballot for the shares.
to take a vote by ballot
ExampleThe union is balloting for the post of president.

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balloon risk annual meeting