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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Class  

Definition 1.

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.
 

Definition 2.

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

Definition 3.

Type, as of a security. For options, puts and calls of the same security are considered different classes.
 
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