Nolo's Plain-English Law Dictionary
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- Voting Trust
- A trust created to combine the voting power of shareholders. The participating shareholders' shares and their accompanying voting rights are transferred to a trust for a designated period of time. A designated trustee votes to elect a board directors or vote on other important matters at a shareholders' meeting. A voting trust is usually established by current directors to ensure continued control, but occasionally a voting trust represents a person or group trying to gain control of the corporation.