Definition of Qualifying share:
A share of common stock that a candidate for a companys Board of Directions (BOD) is required to own. The term does not reflect a difference in the properties of a qualifying share compared to common shares held by other shareholders. Instead, it refers to the requirement that a member of the board must hold a vested interest in the operation of the enterprise in the form of company stock.
Meaning of Qualifying share & Qualifying share Definition