preferred stock

(redirected from preferred share)
Also found in: Thesaurus, Legal, Financial, Encyclopedia.

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 ?
On March 11, 2004, Tax Executives Institute submitted the following letter urging the Canadian Department of Finance to introduce legislation repealing the Term Preferred Share provisions of the Canadian Income Tax Act.
As a result, subject to certain conditions described in the prospectus supplement dated November 27, 2012 relating to the issuance of the Series 11 Preferred Shares (the Prospectus), the holders of the Series 11 Preferred Shares have the right, at their option, to convert all or part of their Series 11 Preferred Shares on a one-for-one basis into Non-cumulative Floating Rate Class 1 Shares Series 12 of Manulife (the Series 12 Preferred Shares") on March 19, 2018.
Global Banking News-August 29, 2017--Scotiabank declares dividends on common and preferred shares
As a result, subject to certain conditions described in the prospectus supplement dated November 29, 2011 relating to the issuance of the Series 5 Preferred Shares (the Prospectus), the holders of the Series 5 Preferred Shares have the right, at their option, to convert all or part of their Series 5 Preferred Shares on a one-for-one basis into Non-cumulative Floating Rate Class 1 Shares Series 6 of Manulife (the Series 6 Preferred Shares") on December 19, 2016.

Full browser ?