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English definition of “class A/B/C share”

class A/B/C share

noun [C, usually plural]
 
 
(also A/B/C share) FINANCE, STOCK MARKET
one of the types of shares into which a company's common stock is divided, each of which offers shareholders a different voting right, payment amount, etc.: Class A shares are purchased at the public offering price per share, while Class B shares and Class C shares are purchased at the net asset value per share.
(Definition of class A/B/C share from the Cambridge Business English Dictionary © Cambridge University Press)
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