Vocab Bloom Hub

voting trust

/ˈvoʊtɪŋ trʌst/

1 entry

phrase

/ˈvoʊtɪŋ trʌst/C1formallegal
  • ruЮридическое соглашение, при котором акционеры передают свои права голоса доверенному лицу, обычно для консолидации контроля над корпорацией на определённый период.

A legal arrangement where shareholders transfer their voting rights to a trustee, typically to consolidate control over a corporation for a specified period.

  1. Corporate control mechanismC1formal

    A legal agreement where shareholders transfer their voting rights to a trustee, who then votes on their behalf, often used to consolidate control or prevent a takeover.

    ruМеханизм корпоративного контроля

    • The company established a voting trust to prevent a hostile takeover.
    • Shareholders agreed to a voting trust to ensure stable management.
    • The voting trust gave the trustee authority to make key decisions.