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golden share

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.02 sec.

golden share

Share, often with overriding voting powers, issued by governments to control privatized companies.



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47% stake is publicly traded while 1 Golden Share is with the State.
Furthermore the rating gains stability from the government's golden share and there is also a limit on the maximum ownership in National Grid Group of 15%, Standard & Poor's said.
 
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