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.
In summary, section 9 of the Act defines a âsubstantial holdingâ in shares as being a. ârelevant interestâ of 5% or more (of the voting power of those shares) under the. control of a shareholder and/or his associates. âRelevant interestâ is defined in section 608 as, in summary, âholding or controlling. voting or disposal of securities â¦â¦ no matter how r emote the relevant interest is or. how it arisesâ.