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Definition of 'Ballot'
The documentation representing a shareholder's decision when a company's ownership group votes on corporate issues. Ballots are usually dispersed at annual meetings, when shareholders vote in the board of directors.
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Investopedia explains 'Ballot'
In most situations, the ballot is a simple piece of paper outlining the possible choices for a corporate issue. When attending an annual meeting, shareholders will be required to fill out the ballot to register their votes. If someone is unable to vote in person, electronic or phone ballots may be supplied.
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