Legal Definitions - voting security

Voting security refers to a type of stock that gives the holder the right to vote in a corporation's elections and on other important matters. This means that the holder has a say in how the company is run and can help make important decisions.

For example, if a person owns voting stock in a company, they can vote for who they want to be on the board of directors and can vote on important issues like mergers or acquisitions.

It is important to have voting security in place to ensure that shareholders have a voice in the company's decisions and can hold the board of directors accountable for their actions.