Home > Term: class of stock
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.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: General accounting
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- anton.chausovskyy
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