class of stock definition

class of stock

Memorandum of association of most firms permits stock to be issued in more than one class, such as voting shares and non-voting shares, or as class-A and class-B stock. Whereas the holders of different types of shares are entitled to different treatment, all holders of the same class of shares are treated identically. See also classified common stock.

class of stock is in the Accounting & Auditing, Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.

class of stock appears in the definitions of the following terms: preferred stock, class of shares and dividend

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