VOTING TRUST

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

An agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("voting trust" is a kind of...):

trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))

Credits