| 释义 |
classified stock
Thesaurus| Noun | 1. | classified stock - common stock classified as A or B where A has certain advantages (e.g., voting power) that B does notcommon 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" |
classified stock
Classified stockThe division of stock into more than one class of common stock, usually called Class A and Class B. The specific features of each class, which are set out in the charter and bylaws, usually give certain advantages to the Class A shares, such as increased voting power.Classified Stock1. A type of stock in a publicly-traded company that issues more than one type of stock. Each type of classified stock has distinct rights attached to it. Two common classified stocks are preferred stock, which carries the right to guaranteed dividends, and common stock, which carries the right to vote in the annual meeting.
2. In mutual funds, a stock with a particular load. The load, which is the sales fee for buying into the mutual fund, is charged at different times depending on the stock class. For example, a class A stock has a load that is paid up front, while a class B stock has a load that is paid when one sells the shares in the mutual fund.classified stock See stock class.classified stock
Related to classified stock: Class A StockWords related to classified stocknoun common stock classified as A or B where A has certain advantages (eRelated Words- common shares
- common stock
- ordinary shares
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