Preferred Stock

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Related to Preference Share Capital: ordinary shares, cumulative preference shares

Preferred Stock

 

a stock that pays a fixed return, as opposed to common stock, for which the dividend varies according to the profits of the joint-stock company.

References in periodicals archive ?
8 per cent of Gibbs Mew's issued preference share capital.
At the Separate Meeting of Preference Shareholders, which was held immediately following the EGM, the preference share conversion proposal was approved by nearly 85% of the represented preference share capital.
At the Extraordinary General Meeting, 72% of the ordinary share capital and 68% of the preference share capital was represented.