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English definition of “blocking minority”

blocking minority

noun [C]
 
 
( also blocking stake) FINANCE, STOCK MARKET
someone who has a blocking minority in a company owns enough of that company's shares to prevent other companies buying or controlling it: They talked about pooling their stakes to form a 25% blocking minority should an unwanted bidder appear.
(Definition of blocking minority from the Cambridge Business English Dictionary © Cambridge University Press)
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