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单词 pre-preference
释义

pre-preferenceadj.

Brit. /priːˈprɛf(ə)rəns/, /priːˈprɛf(ə)rn̩s/, U.S. /ˌpriˈprɛf(ə)rəns/
Origin: Formed within English, by derivation. Etymons: pre- prefix, preference n.
Etymology: < pre- prefix + preference n.
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).
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adj.1867
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