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


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use