HyperDic: voting_trust

English > 1 sense of the expression voting trust:
NOUNpossessionvoting trustan agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees
English > voting trust: 1 sense > noun 1, possession
MeaningAn agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees.
BroadertrustSomething (as property) held by one party (the trustee) for the benefit of another (the beneficiary)

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