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voting trust

 

Definitions from WordNet

Noun voting trust has 1 sense
  1. voting trust - an agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees
    --1 is a kind of
    trust

Definitions from the Web

Voting Trust

Noun:

An arrangement in which the voting rights of shareholders are transferred to a trustee.

Example sentence: In order to consolidate power and make decisions collectively, the shareholders of the company entered into a voting trust, granting their voting rights to a trustee.

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Verb:

To entrust the voting rights of shareholders to a trustee.

Example sentence: The majority shareholder decided to vote in favor of the proposal and, therefore, voting trust the rights of remaining shareholders for a unanimous decision.

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Adjective:

Referring to something that is established or operating on a local level.

Example sentence: The voting trust committee consisted of representatives from various local organizations.

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