/ English Dictionary |
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))