Definition of Block voting

Block voting

A group of shareholders banding together to vote their shares in a single block.

Block house

Brokerage firms that help to find potential buyers or sellers of large block trades.

Block trade

A large trading order, defined on the New York Stock Exchange as an order that consists of
10,000 shares of a given stock or a total market value of $200,000 or more.

Blocked currency

A currency that is not freely convertible to other currencies due to exchange controls.

Cumulative voting

A system of voting for directors of a corporation in which shareholder's total number of
votes is equal to his number of shares held times the number of candidates.

Majority voting

voting system under which each director is voted upon separately. Related: cumulative voting.

Straight voting

A shareholder may cast all of his votes for each candidate for the board of directors.

Voting rights

The right to vote on matters that are put to a vote of security holders. For example the right to
vote for directors.

cumulative voting

voting system in which all the votes one shareholder is allowed to cast can be cast for one candidate for the board of directors.

majority voting

voting system in which each director is voted on separately.

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