A golden share is a nominal share which is able to outvote all other shares in certain specified circumstances, often held by a government organization, in a government company undergoing the process of privatization and transformation into a stock-company.
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Famous quotes containing the words golden and/or share:
“Venerandam,
In the Cretan’s phrase, with the golden crown, Aphrodite,
Cypri munimenta sortita est, mirthful, oricalchi, with golden
Girdles and breast bands, thou with dark eyelids
Bearing the golden bough of Argicida.”
—Ezra Pound (1885–1972)
“O hurry to the ragged wood, for there
I will drive all those lovers out and cry
O my share of the world, O yellow hair!
No one has ever loved but you and I.”
—William Butler Yeats (1865–1939)