单词 | pre-preference |
释义 | pre-preferenceadj. Finance. Ranking before preference bonds, shares, claims, etc., with regard to security, payment of dividend, or interest. See preference bond n., preference share n. at preference n. Compounds. ΘΚΠ society > trade and finance > stocks and shares > stocks, shares, or bonds > [adjective] > types of securities unissued1703 preferable1837 ordinary1866 pre-preference1867 gilt-edge1880 gilt-edged1881 unlisted1882 voting1883 assented1907 voteless1908 senior1914 well-traded1936 medium-dated1943 off-board1943 go-go1966 unquoted1969 alpha1984 gamma1986 1867 Times 10 Apr. 9/5 In other words, a pre-preference stock is to take the place of Debentures, so that the temporary loans are turned into permanent capital. 1882 R. Bithell Counting-house Dict. 236 The new series of Bonds..distinguished from all the others by the name of pre-preference bonds. 1896 Westm. Gaz. 3 Mar. 6/1 The directors..announce the issue of 6,000 Five and a-Quarter per Cent. Cumulative Pre-preference £10 shares at a premium of 10s. each. 1900 Westm. Gaz. 5 Mar. 11/1 The shareholders..would not have it [sc. the new issue] in the form of pre-preference shares. 1960 Business Hist. Rev. 34 205 British practice was not so much a change in the terms of the outstanding issues as the sale of new securities, such as pre-preference bonds. 1978 Times 3 Feb. 24/5 Prepreference Stock of the Company will be closed from the 15th to the 28th February, 1978, both dates inclusive. 2003 Asia Pulse (Nexis) 23 Apr. Deutsche Bank expects a net profit, pre-preference shares, of $1.138 billion and a 44 cents per share fully franked dividend. This entry has been updated (OED Third Edition, March 2007; most recently modified version published online March 2022). < adj.1867 |
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