Cumulative Voting Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Cumulative Voting, written in plain English, along with examples of how it is used.

What is Cumulative Voting?

A method of election of board of directors in a corporation whereby the shareholder has the right to cast votes equal to the number of shares he has multiplied by the number of directors to be elected.This method helps the minority stock holders to represnt themselves on board.