Vetoers
Vetoers are individuals or entities possessing the power or right to reject a decision or proposal, effectively halting its implementation. This power often resides in governmental bodies, such as presidents or governors, or within organizations, like shareholders or board members. A veto can be absolute, completely nullifying the matter, or subject to override by a higher authority. The term underscores the crucial role vetoers play in checks and balances, ensuring no single entity holds unchecked power. This act of rejection safeguards against potentially detrimental actions, but can also lead to stagnation or delays in progress, as dissenting opinions can thwart projects. This influence emphasizes their ability to act as gatekeepers against change.
Vetoers meaning with examples
- The President, as a constitutional vetoer, blocked the controversial bill passed by Congress. The President's actions were heavily debated, with supporters praising his decisiveness and critics condemning his obstructionism. His decision affected millions as he argued the bill could harm the nation and was not in the best interest of the citizens and therefore chose to veto.
- Shareholders, as vetoers of key decisions, successfully halted the proposed merger due to concerns of diluted value and lack of due diligence. The shareholders' power prevented the deal from proceeding, highlighting their rights. While preventing a potentially unsound transaction, the veto also delayed other progress, with discussions on new deals starting as the result of a compromise.
- The governor, a prominent vetoer, consistently rejected legislation, often clashing with the legislative body, causing political deadlock. This demonstrates his significant political power. This gridlock impeded progress on several important infrastructure projects, causing increasing tensions, with a final outcome that would impact countless lives and businesses.
- Within the United Nations Security Council, permanent members hold veto power. Any one of them can veto a resolution, blocking international action even if supported by a majority of the Council members. The veto right gives immense power which can result in stalemates for issues with global impact, with multiple nations affected.