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preferred shares

DEFINITIONS OF: preferred shares

1

n stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights

Synonyms:
preference shares, preferred stock
Types:
cumulative preferred, cumulative preferred stock
preferred stock whose dividends if omitted accumulate until paid out
Type of:
stock
the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity)
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