Glossary · Doing the deal
In short
Veto power is the ability of a party to block certain business decisions, even if they're a minority owner. This directly impacts your control over the business you're buying.
In an acquisition, especially if you're not buying 100% or if there are existing shareholder agreements, understand who holds veto power. It can limit your operational freedom and strategic choices post-acquisition. Identify all parties with such power during due diligence.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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