Voice
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The expression of preferences by participation in the decision-making process. The form of participation may be voting, lobbying, or the use of complaints procedures or litigation. It can be contrasted with ‘exit’, which means leaving an unsatisfactory situation rather than attempting to change it.
Reference: Oxford Press Dictonary of Economics, 5th edt.
More definitions
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >