Letter P
business
Protective Provisions
Negotiated contractual rights giving preferred holders veto power over specified corporate actions (such as new financings, M&A, or charter amendments) regardless of board approval.
Related terms
More legal terms starting with P
Looking for citation help? How to cite law · Citation methodology
See also: Full glossary index
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.