golden share

noun

Meaning

A nominal share which is able to outvote all other shares in certain specified circumstances, often held by a government organization in a government company undergoing privatization and transformation into a stock company.

Related words

share(English)shareholding(English)share and share alike(English)participation(English)joint-stock company(English)leonine share(English)stock certificate(English)preemptive right(English)

Sources

DictionaryAPI.dev English dictionary data