TeachMeFinance.com - explain voting stock
voting stock -- stock that gives the holder the right to vote in the election of the corporation's directors, in the appointment of auditors and in other matters brought up at the annual stockholders' meeting. Most common stock is voting stock. Most preferred stock in nonvoting stock.
About the author
Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.