The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CLASSIFIED COMMON STOCK Definition & Legal Meaning

Definition & Citations:

Stock in many categories that is typically divided into two classes based on benefits. ClassA is available to the public; a non-voting, dividend-paying stock . ClassB is voting stock held by the management, paying no dividend yet appreciates with the growth of the firm. Known also as classified ordinary shares.


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