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FINDLAW LEGAL DICTIONARY

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Cumulative Voting

cumulative voting n

: a system of voting for corporate directors in which each shareholder is entitled to as many votes as he or she has shares times the number of directors to be elected compare straight voting



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.