A percentage larger than a simple majority; often 67%. Company charters often require a supermajority of shareholders to approve an important proposal, such as a merger or sale. It exceeds the simple majority used for most voting-based decisions, and is often included as an amendment to the charter.
Related information about supermajority:
- Supermajority - Wikipedia, the free encyclopedia
A supermajority or a qualified majority is a requirement for a proposal to gain a specified greater level of support than a 50% simple majority. In some ...
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Nov 7, 2012 ... California Democrats appear to have picked up a supermajority in both houses of the state Legislature Tuesday night, a surprise outcome that ...
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Nov 7, 2012 ... SACRAMENTO/SAN FRANCISCO (Reuters) - California Democrats appeared to be within striking distance of gaining a supermajority in both ...
- Supermajority - Merriam-Webster Online
su·per·ma·jor·i·ty. noun \ˈsü-pər-mə-ˌjȯr-ə-tē, -ˌjär-\. Definition of SUPERMAJORITY. : a majority (as two-thirds or three-fifths) greater than a simple majority ...
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Nov 7, 2012 ... California Democrats hitched their wagon to President Barack Obama's rising star this election season, a strategy that's paid off handsomely for ...