Freebase(0.00 / 0 votes)Rate this definition: Gorget. A gorget was originally a band of linen wrapped around a woman's neck and head in the medieval period. The term subsequently described a steel or leather collar designed to protect the throat.
Voting Security Legal Definition. According to USLegal.com, a voting security is entitles the holder or holders thereof to cast such specified percentage of the aggregate votes which the holders of all the outstanding voting securities of such person are entitled to cast in the direction or management of the affairs of such person.
What is a 'Participating Preferred Stock'. Participating preferred stock is a type of preferred stock that gives the holder the right to receive dividends equal to the normally specified rate that preferred dividends are paid to preferred shareholders as well as an additional dividend based on some predetermined condition.