A method of stockholder voting that allows minority shareholders and groups of small shareholders to have a better chance of getting representation on a Board of Directors than under statutory voting. Bloomberg Financial Dictionary
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proportional representation UK US noun [U] (ABBREVIATION PR) POLITICS
► a political system in which parties are represented in parliament according to the number of people who voted for them: »
Romania elects its parliament by proportional representation.
Financial and business terms. 2012.