Definition of Voting trust

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TeachMeFinance.com - explain Voting trust




historic definition...

Voting trust -- This is created by placing the stock of a company, either all or a majority, in a trust, usually for a specified period, for voting purposes. Thus, the control of the company is locked up in the hands of trustees. Receipts for the stock are issued and these may be dealt in and receive dividends the same as the stock itself, but they have no voting power.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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