### Question
What does voting security mean?


### Answer
**Voting security** has the following meaning in *15 U.S.C. § 77ccc*:

> any security presently entitling the owner or holder thereof to vote in the direction or management of the affairs of a person, or any security issued under or pursuant to any trust, agreement, or arrangement whereby a trustee or trustees or agent or agents for the owner or holder of such security are presently entitled to vote in the direction or management of the affairs of a person

#### Citation:
  - *15 U.S.C. § 77ccc*
  - Heading: **CHAPTER 2A-SECURITIES AND TRUST INDENTURES > SUBCHAPTER III-TRUST INDENTURES**

