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LSDefine

Simple English definitions for legal terms

extraordinary majority

Read a random definition: boundary traffic

A quick definition of extraordinary majority:

An extraordinary majority, also known as a supermajority, is a fixed proportion greater than half, such as two-thirds, that is required for certain extraordinary actions, such as ratifying a constitutional amendment or approving a fundamental corporate change. It is a larger majority than a simple majority, which only requires more than half of the members who vote, and is needed for important decisions that require a higher level of agreement among the group.

A more thorough explanation:

An extraordinary majority, also known as a supermajority, is a fixed proportion greater than half, such as two-thirds, that is required for certain extraordinary actions to pass. This means that more than the usual majority is needed to make a decision.

For example, if a constitutional amendment requires a two-thirds majority to pass, then at least 67% of the members must vote in favor of it. Another example is when a company wants to make a fundamental change, such as merging with another company, they may require a supermajority vote from their shareholders.

These examples illustrate how an extraordinary majority is used to ensure that important decisions are made with a higher level of agreement and support from the members involved.

extraordinary loss | extraordinary remedy

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