voting 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 continuing control, but sometimes a voting trust represents an individual or group that is trying to gain control of the corporation.

Business law dictionary. 2015.

Look at other dictionaries:

  • voting trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. voting trust n. A devi …   Law dictionary

  • Voting 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,… …   Wikipedia

  • voting 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 …   Black's law dictionary

  • voting 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… …   Useful english dictionary

  • Voting 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 …   Investment dictionary

  • voting trust — Simply stated, a device whereby persons owning stock with voting powers divorce the voting rights thereof from the ownership, retaining the latter to all intents and purposes and transferring the former to trustees in whom the voting rights of… …   Ballentine's law dictionary

  • Voting Trust —    A trust set up by the company at a commercial bank inviting ordinary shareholders to deposit their shares for a fixed period in return for other privileges. This procedure is carried out if a company has financial instability and board members …   Financial and business terms

  • voting trust — Fin a group of individuals who have collectively received voting rights from shareholders …   The ultimate business dictionary

  • voting 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 …   Law dictionary

  • Voting 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… …   Investment dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.