B

Definition

Fifth letter of a Nasdaq stock descriptor specifying that issue is the Class B shares of the company.

Nearby Terms

AZEAZMBB1B2

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University


Term of the Day

Covenant defeasance
Covenant defeasance allows the issuer to remove the bond's covenants by placing the remaining payments with a trustee in escrow to be paid out on schedule.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio