staggered directorships

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Definition of staggered directorships words

noun plural staggered directorships a defence against unwelcome takeover bids in which a company resolves that its directors should serve staggered terms of office and that no director can be removed from office without just cause, thus preventing a bidder from controlling the board for some years 0

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A common word. It’s meaning is known to most children of preschool age. About 97% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

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