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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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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