With follow up of this post from Meta Stack Overflow, in all the Stack Exchange site's Edit Questions And Answers privilege page the term "except on Stack Overflow where three votes are required." is used under the Reviewing suggested edits section.
Recently the change made to Stack Overflow that the approval votes for the suggested edit is reduced to two from three votes.
So in all the https://sitename.com/help/privileges/edit
page the content for the recent change can be update in the Reviewing suggested edits section.
Two votes in either direction will finalize the action.