preference shares

Definitions of preference shares

1. noun

   stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
   synonyms: preferred 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)