golden share
n.— «Governments often retain control of privatized companies by granting themselves “special rights”—also known as “golden shares”—that go beyond the rights associated with normal shareholding. Through such rights they often restrict foreign ownership, limit voting rights or influence management decisions in the companies concerned.» —“The European Corporate Governance Action Plan: Setting priorities” by Charlie McCreevy in Luxembourg EUROPA June 28, 2005. (source: Double-Tongued Dictionary)
Further reading
It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...
We use the term Milky Way for that glowing arc across the sky. But how people picture it varies from culture to culture. In Sweden, that starry band goes by a name that means “Winter Street,” and in Hawaii, a term for the Milky Way...