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TeachMeFinance.com - explain Classified bonds historic definition... Classified bonds -- An issue of bonds is sometimes divided into two or more classes; for instance, into class A, class B, etc., which classifications are usually abbreviated into A bonds, B bonds, etc. The A bonds may be entitled to interest at or up to a specified rate before interest is paid on the B bonds ; or the classification may be for the purpose of designating bonds of one kind which bear different dates of issue and likewise mature at different dates. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.