preferred stock

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Related to Preference stock: preference shares, cumulative preference shares

preferred stock

n.
Capital stock having priority over a corporation's common stock in the distribution of dividends and often of assets.

preferred stock

n
(Stock Exchange) US and Canadian shares representing part of the capital issued by a company and entitling their holders to priority with respect to both net profit and net assets. Preferred stock usually carries a definite rate of dividend that is generally lower than that declared on common stock. Also called (in eg Britain, Australia): preference shares

preferred′ stock′


n.
stock that has a superior claim to that of common stock with respect to dividends and often to assets in the event of liquidation.
[1840–50, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.preferred stock - stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
stock - the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity); "he owns a controlling share of the company's stock"
cumulative preferred, cumulative preferred stock - preferred stock whose dividends if omitted accumulate until paid out
Translations

preferred stock

n (US Fin) → Vorzugsaktien pl
References in periodicals archive ?
625% Preference Stock, Non-Cumulative, Par Value $1 Per Share (Stated Capital $25 Per Share) CUSIP No.
2p (Valuing cumulative preference stock at par value) Ordinary
680555555 per share on the newly issued Series E preference stock, payable on August 1, 2012, to shareholders of record on July 5, 2012 (sted The first semi-annual dividend of $31.
The preference stock was issued in early April 2006 in connection with PPL Electric Utilities' sale of depositary shares, each representing a 1/4 interest in a share of the preference stock.
53125 per share on the Series B preference stock and $0.
NEW YORK, June 3 /PRNewswire/ -- General Motors (NYSE: GM) today said it will convert all shares of its Series A Conversion Preference Stock (Preference Equity Redemption Cumulative Stock or PERCS) into shares of GM $1-2/3 par value common stock on June 18, 1994.