classified stock

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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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The SEC's orders found that the investment advisers failed to adequately disclose conflicts of interest related to the sale of higher-cost mutual fund share classes when a lower-cost share class was available.
These "clean" share classes, Szapiro said, "have a different structure" than typical mutual fund share classes, and the innovation "won't stop there.
Another expense that varies among mutual fund share classes is load.