golden share Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “golden share” in the English Dictionary

"golden share" in Business English

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golden sharenoun [C]

uk   us   FINANCE, STOCK MARKET
a ​specialtype of ​share in a ​company giving its ​owner more ​power than other ​shareholders over ​changes in its ​management. The golden ​sharesowned by ​governments so they could ​control particular ​companies are now ​illegal in the ​European Union : The ​energygiant was ​protected from ​takeover by the Italian government's golden ​share.
(Definition of golden share from the Cambridge Business English Dictionary © Cambridge University Press)
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