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TeachMeFinance.com - explain Voting trust certificate historic definition... Voting trust certificate -- When the stock of a company is lodged in a voting trust so that the voting power of the stock is confided to the trustees of the voting trust (commonly designated voting trustees) certificates or receipts for it, called voting trust certificates, are issued in place of and represent ownership of the stock. The certificates are dealt in and transferred the same as the stock and when the voting trust terminates or is dissolved the certificates are exchanged for the stock itself. If dividends are declared on the stock while the voting trust is in force they are paid to the holders of the voting trust certificates. The certificates, in brief, are in all respects the equivalent of the stock, with the exception that they do not possess 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". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.