期き差さ選せん任にん

noun

staggered board terms; staggered terms for directors

A corporate governance term: directors are elected for overlapping terms so that only a portion of the board is up for election each year, making hostile takeovers more difficult. Used in legal and business contexts.

• 敵てき対たい的てき買ばい収しゅうへの防ぼう衛えい策さくとして、期き差さ選せん任にん制せい度どを導どう入にゅうする企き業ぎょうが増ふえている。

  More companies are introducing staggered board terms as a defensive measure against hostile takeovers.

• 期き差さ選せん任にんは、取とり締しまり役やくの任にん期きをずらすことで、一いち度どに全ぜん員いんが交こう代たいするのを防ふせぐ仕し組くみです。

  Staggered board terms prevent all directors from being replaced at once by staggering their terms.