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TeachMeFinance.com - explain Classified stock historic definition... Classified stock -- A stock is classified when any particular kind of stock is divided into two or more classes, as, for instance, when preferred stock is divided into first preferred and second preferred and perhaps third preferred. In Great Britain ordinary (common) stock is frequently divided into two classes B and A ; other names for these two classes being preferred ordinary and deferred ordinary. 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.