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Meaning of “non-voting” in the English Dictionary

"non-voting" in Business English

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non-votingadjective [before noun]

uk   us  
FINANCE, STOCK MARKET used to describe ​companyshares that do not ​allow their ​owners the ​right to ​vote at ​shareholdermeetings: We own 500 ​shares of Class A non-voting ​stock in the ​company. The ​IRSagreed that the ​stock had a ​value of $37 ​pervotingshare and $35 ​per non-voting ​share.
FINANCE, WORKPLACE used to describe a ​member of a company's board of ​directors who does not have the ​right to ​vote: The airline's ​pilotsagreed to a 2% ​paycut in ​return for a non-voting ​boardseat.
(Definition of non-voting from the Cambridge Business English Dictionary © Cambridge University Press)
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“non-voting” in Business English

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