voting trust
1voting trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. voting trust n. A devi …
2Voting trust — A voting trust is a trust whereby the shares in a company of one or more shareholders and the voting rights attached thereto are legally transferred to a trustee, usually for a specified period of time (the trust period ). In some voting trusts,… …
3voting trust — The transfer of title by stockholders of shares of a corporation to a trustee who is authorized to vote the shares on their behalf. One created by an agreement between a group of the stockholders of a corporation and the trustee, or by a group of …
4voting trust — noun an agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees (Freq. 1) • Hypernyms: ↑trust * * * noun : an arrangement transferring the voting rights of shares in a… …
5Voting Trust — A legal trust created to combine the voting power of shareholders. With the establishment of the voting trust, the shareholders legal title (their stock) and voting rights are transferred to a designated trustee for a set duration. There are many …
6voting trust — A trust that seeks the vote proxies of shareholders of a corporation in an election of a board of directors or votes on other matters at a shareholders meeting. Such a trust is usually operated by a company s current directors to ensure their… …
7voting trust certificate — n: a certificate issued as evidence of the holder s beneficial interest in a voting trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
8Voting Trust Certificate — A certificate issued by the limited life trust of a corporation established to limit the control of a corporation to a few individuals. A voting trust certificate is issued to a stockholder in exchange for their common stock, and represents all… …
9voting trust certificates — Certificates issued by voting trustees to the beneficial holders of shares held by the voting trust. Such certificates may be as readily transferable as the underlying shares, carrying with them all the incidents of ownership of the underlying… …
10Voting Trust Agreement — A contractual agreement detailing the specifics of the voting trust, including the name of its trustee, the effective timeframe, and the nature of its formation. As with many different trusts, the purpose and goals must be stated in order to… …
