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shareholders' meeting

n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the board of directors and hear reports on the company's business situation. In larger corporations top management people hold the proxies signed over to them by many of the shareholders to vote for them.

See also: board of directors  corporation  proxy  shareholder 



The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications