What is another word for classified stock?
Pronunciation: [klˈasɪfˌa͡ɪd stˈɒk] (IPA) 
Classified stock is a term that refers to a specific type of stock that divides a company's share into different classes. Synonyms for classified stock include preferred stock, common stock, and authorized stock. Preferred stock is a type of stock that pays a fixed dividend and has a higher claim than common stock in the event of liquidation. Common stock is the most widespread form of equity capital and represents ownership in a company. Authorized stock is the maximum number of shares that a company can issue. These stocks are typically classified based on the rights and privileges they offer investors. Classified stock often comes with various voting rights, potential tax benefits, and different levels of risk and reward for investors.
