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Glossary   >   S   >   "Supermajority" Definition            Supermajority Provision in a company"s charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger. A corporate amendment in a company"s charter requiring a large majority (anywhere from 67%-90%) of shareholders to approve important changes, such as a merger. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Supermajority - Provision in a company"s charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger.

A corporate amendment in a company"s charter requiring a large majority (anywhere from 67%-90%) of shareholders to approve important changes, such as a merger.