ordinary resolution meaning
ENWOrdinary resolution
- In business or commercial law in certain common law jurisdictions,
- An ordinary resolution is the most common method by which a corporate entity conducts its business or the Board of directors seeks shareholder approval of its actions.
- The prevailing legislation applying to companies in the relevant jurisdiction will usually prescribe certain activities which must be approved by special resolution or alternatively which cannot be approved by ordinary resolution (for example alterin
- NounPLordinary resolutionsSUF-tion
Definition of ordinary resolution in English Dictionary
- Part-of-Speech Hierarchy
- Nouns
- Countable nouns
- Countable nouns
- Nouns
Source: Wiktionary
Grammatically, this idiom "ordinary resolution" is a noun, more specifically, a countable noun.