Investor Glossary-quorumInvestor Glossary-quorumInvestor Glossary-quorumInvestor Glossary-quorumInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Quorum

The HTML to link to this page
 

In law, a quorum is the minimum number of members of a decision making group necessary to conduct the business of that group. Legislative chambers, international organizations, and corporate boards of directors all generally make decisions only when they have quorum. Quorum is generally defined for any deliberative group within that group's charter. The most common quorum is a simple majority. In the absence of quorum, a group will be unable to vote on any actions that require its decision. For instance, quorum is defined for both the Senate and the House of Representatives in the US Constitution. The walking out of a meeting or failing to show for it at all by a subgroup is an effective way of blocking action. Such a measure is known as breaking quorum.



Rate this quorum definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: diluted share, phantom income, labor relations, liquidity ratio, APR, per diem, ex-dividend date, ex-dividend, inflation, FICO score, option premium, average price per share, cancelled check, VIX, deferred revenue, covered put, class C shares, quality assurance, irrevocable trust, command economy, in escrow, wholly-owned subsidiary, retained earnings, debt service coverage, balance sheet, real GDP, required rate of return, 1031 exchange, minority interest, dividends payable, EBITDA, deferred tax, risk management, Key Rate Duration, 144a, annual return, implied volatility, limit order, LIBOR, 1035 exchange, margin rate, stock split, open position, 401a, reverse mortgage, current ratio, Zero Cost Collar, FTSE, stock market close


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use