preferred stock

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Related to preference stocks: 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 ?
Kaiser Aluminum & Chemical Corporation, the operating subsidiary of Kaiser Aluminum Corporation (NYSE:KLU), has declared regular quarterly dividends on its preference stocks.
Effective May 15, 1998, the Plan will feature a 2 percent discount to be applied to common shares purchased through the reinvestment of dividends paid on the company's common, preferred and preference stocks, as well as to any optional cash investments made by stockholders.
25 per share on the cumulative (1985 Series A) preference stock as to those shares which are held outside the company's employee stock ownership plans; and