ordinary resolution Meaning in the Cambridge English Dictionary
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Meaning of “ordinary resolution” in the English Dictionary

"ordinary resolution" in Business English

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ordinary resolutionnoun [C]

uk   us   MEETINGS
a ​formalstatement on which ​people in an ​organizationvote, and which must be ​approved by at least 50% of the ​shareholders in a ​specialmeeting: The ​purchase of ​assetsexceeding a ​certainvalue must be ​approved in a ​generalmeeting by an ordinary ​resolution.
(Definition of ordinary resolution from the Cambridge Business English Dictionary © Cambridge University Press)
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