Priority share / priority stocks
Priority 
					
					
					
					share
					
					The portion of registered capital of a private or public limited company 
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					shares (
					
					
					
					share
					
					The portion of registered capital of a private or public limited company 
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					stocks) are shares (stocks) with special control rights. For example the right make a 
					
					
					
					binding nomination
					
					A nomination for a board director done by another body than the shareholders' meeting
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					binding nomination to the board or the supervisory board, or a veto right.
The nature of the control rights that are given to a priority 
					
					
					
					share
					
					The portion of registered capital of a private or public limited company 
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					share holder are defined in the 
					
					
					
					articles of association
					
					A document, drawn up when a Company or legal person is set up, and which regulates the operations of the company and defines its purpose.
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					Articles of Association. Priority shares (stocks) are often used to prevent a hostile takeover.
