class

Class

In the most general form, a class is a group of securities with similar features.

Notes:

With stocks, common and preferred shares are two different classes of stock.

See also: Class Action, Classified Shares, Common Stock, Preferred Stock, Security

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Class

In the case of derivative products, options of the same type-put or call-with the same underlying security. See: Series. In general, refers to a category of assets such as: domestic equity, fixed income, etc.

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class

1. See stock class.

2. Option contracts of the same type (put or call) and style (American or European) on the same security and expiring on the same expiration date.