The specific features of each class are set out in the corporate charter and bylaws. Voting privileges are the main reason companies create different classes, although liquidation and dividend rights may also be involved.
Investment dictionary. Academic. 2012.
classified common stock — ➔ stock1 * * * classified common stock UK US noun [U] (also classified ordinary shares [plural]) STOCK MARKET ► a company s common stock that is divided into two or more types of shares, each of which offers its shareholders a different voting… … Financial and business terms
Classified information — Top Secret redirects here. For other uses, see Top Secret (disambiguation). Unclassified redirects here. See also, Unclassified (album). State secrets redirects here. See also, state secrets privilege. A typical classified document. Page 13 of a… … Wikipedia
classified stock — noun common stock classified as A or B where A has certain advantages (e.g., voting power) that B does not • Hypernyms: ↑common stock, ↑common shares, ↑ordinary shares … Useful english dictionary
classified stock — The 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… … Financial and business terms
ordinary shares — noun 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 • Syn: ↑common stock, ↑common shares •… … Useful english dictionary
Class B shares — Class A/Class B shares See: classified stock … Financial and business terms
Class A shares — Class A/Class B shares See: classified stock … Financial and business terms
Class A/Class B shares — See: classified stock … Financial and business terms
common shares — noun 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 • Syn: ↑common stock, ↑ordinary shares •… … Useful english dictionary
Growth Stock — Shares in a company whose earnings are expected to grow at an above average rate relative to the market. Also known as a glamor stock . A growth stock usually does not pay a dividend, as the company would prefer to reinvest retained earnings in… … Investment dictionary
