en
C stock
/siː stɑːk/
Definition
1
In retail and manufacturing, a category of products with visible cosmetic damage or imperfections, sold at a discount while remaining fully functional.
2
In finance, Class C shares of mutual funds or company stock, typically featuring no upfront sales load but higher ongoing expense ratios or limited voting rights.
Examples
Snagged a C stock guitar for half price; it plays like a dream, just don't judge it by its battle scars.
My portfolio's heavy on C stock mutual funds – no entry fee, but those annual nibbles add up like termites at a picnic.
The warehouse clearance was all C stock: dents galore, but hey, my blender whirs on without complaint.
Investors chasing yield overlooked the C stock trap, where 'no load up front' means 'fee fiesta forever'.