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.
Glossary of Municipal Securities Terms. NON-APPROPRIATION CLAUSE. A provision of a bond contract that allows the lessee or borrower to terminate certain obligations under a long-term certificate of participation or other revenue obligation financing if the appropriating body does not appropriate funds for the lease payments.