UK Accounting Glossary
A vote that prevents a proposed action from occurring or being completed. A veto usually comes from an authority figure or leader whose one vote has equal or more authority than that of the majority. In the US, the US President can veto a proposed law; however, because of the system of checks and balances, he can be overruled if there is a 2/3 majority vote in both houses of Congress.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Veto are sourced/syndicated and enhanced from:
This glossary post was last updated: 6th January 2020.