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classified stock

   Also found in: Financial 0.03 sec.
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Noun1.classified stock - common stock classified as A or B where A has certain advantages (e.g., voting power) that B does not
common shares, common stock, ordinary shares - stock other than preferred stock; entitles the owner to a share of the corporation's profits and a share of the voting power in shareholder elections; "over 40 million Americans invest in common stocks"


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Based on its current articles of incorporation, Nomura is unable to issue classified stocks such as preferred shares and can only bolster its financial base by issuing common shares, which carries a risk of diluting the value of existing shareholdings.
 
 
 
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