voting trust Antonyms
No Synonyms and anytonyms found
Meaning of voting trust
Wordnet
voting trust (n)
an agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees
FAQs About the word voting trust
an agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees
No synonyms found.
No antonyms found.
A voting trust is a legal arrangement where a group of shareholders transfer their voting rights to a trustee.
Voting trusts are often used to ensure the continuity of a company's management or to prevent hostile takeovers.
The trustee of a voting trust has the fiduciary duty to vote the shares in the best interests of the shareholders.
Voting trusts can last for a period of years or indefinitely.