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Investing Glossary:
Classified stock
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| The division of Stock into more than one Class of common stock, usually called Class A and Class B. The specific features of each class, which are set Out in the Charter and bylaws, usually give certain advantages to the Class A shares, such as increased voting power.
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