class of stock
Definition
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.
Mentioned in these definitions
Popular 'Accounting & Auditing' Terms
class of stock in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/class-of-stock.html
