{"ok":true,"canonical_url":"https://dealroom.so/glossary/voting-right","api_url":"https://dealroom.so/api/public/glossary/voting-right","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"voting-right","term":"Voting Right","group":"People and paperwork","definition":"A voting right is the power to cast a ballot in decisions affecting a company, typically held by shareholders or partners. It determines who controls the business and its strategic direction.","what_it_means":"When you acquire a business, especially through a stock purchase, understanding the voting rights associated with the ownership shares is critical. You need to ensure you gain sufficient voting power to control the company's decisions post-acquisition. If there are other shareholders, clarify how voting rights are distributed and what decisions require supermajority approval.","url":"https://dealroom.so/glossary/voting-right","official_sources":[],"related":[{"slug":"stock-purchase","term":"Stock purchase","url":"https://dealroom.so/glossary/stock-purchase"},{"slug":"partnership","term":"Partnership","url":"https://dealroom.so/glossary/partnership"},{"slug":"corporation","term":"Corporation","url":"https://dealroom.so/glossary/corporation"},{"slug":"llc","term":"LLC","url":"https://dealroom.so/glossary/llc"}],"related_questions":[{"question":"What are the typical interest rates for an SBA 7(a) loan right now?","url":"https://dealroom.so/sba-loans/basics/what-are-the-typical-interest-rates-for-an-sba-7-a-loan-right-now"},{"question":"If I inherit funds right before closing, can they count towards my equity injection?","url":"https://dealroom.so/sba-7a/questions/if-i-inherit-funds-right-before-closing-can-they-count-towards-my-equity-injection"},{"question":"If I inherit $75,000 right before closing, can these funds count towards my equity injection?","url":"https://dealroom.so/sba-7a/questions/if-i-inherit-75-000-right-before-closing-can-these-funds-count-towards-my-equity-injection"},{"question":"What if I received a large inheritance right before applying; can those funds be used for the down payment?","url":"https://dealroom.so/sba-7a/questions/what-if-i-received-a-large-inheritance-right-before-applying-can-those-funds-be-used-for-t"},{"question":"Can an SBA 7(a) loan finance the purchase of intellectual property rights from a third party?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-finance-the-purchase-of-intellectual-property-rights-from-a-third-part"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Voting Right","url":"https://dealroom.so/glossary/voting-right","source_type":"DealRoom Data"}}