What is the definition of Freeze-out provision? | Dictionary.net

FREEZE-OUT PROVISION

\fɹˈiːzˈa͡ʊt pɹəvˈɪʒən], \fɹˈiːzˈa‍ʊt pɹəvˈɪʒən], \f_ɹ_ˈiː_z_ˈaʊ_t p_ɹ_ə_v_ˈɪ_ʒ_ə_n]\

Definitions of FREEZE-OUT PROVISION

1910 - Black's Law Dictionary (2nd edition)

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Corporate charter provision allowing a company to acquire noncontrolling stockholder shares at fair market value for a set time period. Two and five years is the typical time period.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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