voting trust

Definition of "voting trust"
  1. A method by which shareholders pool their voting power by transferring their shares to a trust for a specified period, with a trustee designated to cast votes on corporate matters like board elections
How to use "voting trust" in a sentence
  1. To maintain control over the company, the founding team established a voting trust.
  2. A voting trust was created as a strategy for a group wishing to gain influence over the corporation's decision-making.
  3. The shareholders entered into a voting trust to combine their voting influence during director's elections.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z