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Dictionary by pitch.dog
Shares, shareholders & voting · Core

Dual-class structure

Also called: dual-class stock

ELI5

A capital structure with two or more share classes carrying different voting rights.

Used in conversation

“The draft mentions dual-class structure, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Dual-class structure” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches shares, shareholders & voting.

Why it matters: In shares, shareholders & voting, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

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Sources & evidence · 4

Direct term-level sources and supporting source families.