© 2016 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Statutory Voting


For every share you have, you get one vote. 

That's statutory voting.

You can't weight your vote, meaning, if you have 100 votes, you can't cast them all for the same director. (That would be cumulative voting.)