golden share

noun

1. a share in a company that controls at least 51% of the voting rights, esp one retained by the UK government in some privatization issues

Example Sentences

The government retained its so-called "golden share" in Royal Mail, which requires it to approve any major changes to the company's ownership, HQ location and tax residency.

From BBC

The government's "golden share" of US Steel that was negotiated as part of the Japanese purchase of the company, the cut of profits from advanced microchip sales by Nvidia and AMD to China, and the promise of foreign investment in US industries could provide further assets for such a fund.

From BBC

That included a so-called "golden share", a rare practice in which the government takes a stake in a business.

From BBC

It also granted the US government a "golden share" in the company, giving the government say over key decisions, including the transfer of jobs or production outside of the US, and certain calls to close or idle factories.

From BBC

The government was awarded a so-called "golden share", requiring it to be notified of any major changes to Royal Mail's ownership, headquarters location and tax residency.

From BBC