classified stock

/ˌklæsəˈfaɪd stɑk/
IPA guide

Definitions of classified stock
  1. noun
    common stock classified as A or B where A has certain advantages (e.g., voting power) that B does not
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    type of:
    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
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