preferred stock(redirected from Supervoting)
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Related to Supervoting: supervoting stock
Capital stock having priority over a corporation's common stock in the distribution of dividends and often of assets.
(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
stock that has a superior claim to that of common stock with respect to dividends and often to assets in the event of liquidation.
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|Noun||1.||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"
n (US Fin) → Vorzugsaktien pl