Classified stock

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

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Statistical inference

A statistical method of drawing conclusions on unknown properties of a population based on a random sampling of data from that population.

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