preferred stock

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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 ?
Following the IPO, Commisso owned all of the class-B supervoting shares which allowed him to retain control of the company.
But Facebook, Google and 15 percent of US IPOs in 2015 had supervoting shares.
Since this was a matter solely of state concern, it became one of the grounds for declaring the SEC's regulation of supervoting shares an invalid exercise of power under Section 14 of the Exchange Act.
Facebook's Mark Zuckerberg holds just a fifth of the company's stock but thanks to supervoting shares and other arrangements he commands over half of all shareholder votes.