voting trust certificate

voting trust certificate
voting trust certificate n: a certificate issued as evidence of the holder's beneficial interest in a voting trust

Merriam-Webster’s Dictionary of Law. . 1996.

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  • Voting Trust Certificate — A certificate issued by the limited life trust of a corporation established to limit the control of a corporation to a few individuals. A voting trust certificate is issued to a stockholder in exchange for their common stock, and represents all… …   Investment dictionary

  • voting trust certificate — A trust in which control of a corporation is given to a few individuals, usually to support reorganization of a corporation without interference. Bloomberg Financial Dictionary …   Financial and business terms

  • voting trust — Simply stated, a device whereby persons owning stock with voting powers divorce the voting rights thereof from the ownership, retaining the latter to all intents and purposes and transferring the former to trustees in whom the voting rights of… …   Ballentine's law dictionary

  • trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… …   Law dictionary

  • trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …   Black's law dictionary

  • voting certificate — Certificates issued by a voting trust to stockholders in exchange for their common stock, which represent all the rights of common stock except voting rights. Bloomberg Financial Dictionary …   Financial and business terms

  • share certificate — An instrument of a corporation certifying that the person therein named is entitled to a certain number of shares; it is prima facie evidence of his title thereto. Document which evidences participation in a voting trust of shares of a… …   Black's law dictionary

  • Death certificate — For the album by rapper Ice Cube, see Death Certificate (album). Eddie August Schneider (1911 1940) death certificate The phrase death certificate can describe either a document issued by a medical practitioner certifying the deceased state of a… …   Wikipedia

  • VTC —    Voting Trust Certificate. A negotiable certificate proving that ordinary shares have been deposited into a voting trust, confirming that ordinary shareholders have relinquished their right to vote.    ► See also Voting Trust …   Financial and business terms

  • VTC — voting trust certificate сертификат участия в голосующем трасте …   Финансово-инвестиционный толковый словарь

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