\ˈalfəbˌɛt stˈɒk], \ˈalfəbˌɛt stˈɒk], \ˈa_l_f_ə_b_ˌɛ_t s_t_ˈɒ_k]\
Definitions of ALPHABET STOCK
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Separate classes of COMMON STOCK issued by a company, where each class (often denoted by a letter of the alphabet) represents a different subsidiary. Investors in an alphabet stock receive the RENT RIGHTS and CONTROL RIGHTS associated with that stock, but not those of the overarching parent company. See also CLASSIFIED STOCK.
By Henry Campbell Black
Word of the day
- a threadlike extension of nerve cell Slender processes of neurons, especially the prolonged axons that conduct nerve impulses. One units trunk; it is axis process a neuron and medullated, i. e. white substance Schwann (myelin), medullated; either the medullated non-axis-cylinder or may not be surrounded by primitive sheath neurilemma, so that there are four forms of nerve-fibers.