单词 | pre-preferential |
释义 | pre-preferentialadj. Finance. Of, designating, or relating to pre-preference bonds, shares, claims, etc. ΚΠ 1867 Times 4 July 6/5 If the money raised is strictly applied to discharging claims which are already pre-preferential, no alteration is made in the position of any preference shareholder. 1885 Manch. Examiner 21 Jan. 4/7 We might..guarantee the whole loan..instead of guaranteeing only five and raising the other four by pre-preferential bonds. 1922 Times 14 Aug. 16/8 This will be effected by the creation of 85,000 pre-preferential shares of £1 each, carrying a fixed cumulative dividend of 7 per cent., and a prior right of capital in a winding-up. 1984 Times 11 Apr. 19/2 Andersen argues that individuals should be given pre-preferential ranking up to a limit of £800 per person. 2005 Accountancy (Nexis) May If the statutory payments were to be..expenses of administration, the statutory payments would be pre-preferential to the preferential debts. This is a new entry (OED Third Edition, March 2007; most recently modified version published online March 2022). < adj.1867 |
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