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Reading a business

Lesson 81 · Written for kid, teen, and little

Shareholders Get to Vote

Owning shares usually comes with votes on big company choices.

The idea

When you own shares of a company, you own a small piece of it — and pieces usually come with a voice. Most common shares give you one vote per share on big questions, like who sits on the board of directors. Companies mail owners a proxy, which is a ballot you can fill out without showing up in person. One small stake will not decide an election on its own, but millions of small owners voting together genuinely can. 🗳️

A

Words to know

5

Shareholder

A person who owns shares of a company. Own one share of Apple and you are one of its owners.

Vote

Your say on a company question. Usually one vote for each share you own.

Board of directors

The group shareholders elect to keep an eye on the company's bosses. They can hire and fire the CEO.

Proxy

A ballot that lets you vote without going to the meeting in person. It arrives by mail or in your brokerage app.

Annual meeting

The once-a-year meeting where a company's owners vote. One share usually equals one vote.

Try it — no accountMatch the pairs

Match each voting word to what it means.

0 / 4 matched

In the full lesson

  1. 1Match the pairs
  2. 2Work out the number
  3. 3Make the call

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