shares representing part of the capital issued by a company and entitling their holders to priority with respect to both net profit and net assets. Preferred stock usually carries a definite rate of dividend that is generally lower than that declared on common stock
Also called (in eg Britain, Australia): preference shares
preferred stock in American English
US
stock on which dividends must be paid before those of common stock: it usually also receives preference in the distribution of assets
preferred stock in Finance
(prɪfɜrd stɒk)
noun
(Finance: Investment, Stocks)
Preferred stock is the shares in a company that are owned by people who have the right to receivepart of the company's profits before the holders of common stock.
They approved the proposal to swap one share of preferred stock for 1.2 shares of common stock and one warrant to purchase another common share for$3.50 until June 30.
The options entitle the employees to purchase preferred stock at $50 per share.
Preferred stock is the shares in a company that are owned by people who have the right to receivepart of the company's profits before the holders of common stock.
stock, stock
preferred stock in Accounting
(prɪfɜrd stɒk)
noun
(Accounting: Investing)
Preferred stock is the shares in a company that are owned by people who have the right to receivepart of the company's profits before the holders of common stock.
They approved the proposal to swap one share of preferred stock for 1.2 shares of common stock and one warrant to purchase another common share for$3.50 until June 30.
The options entitle the employees to purchase preferred stock at $50 per share.
Preferred stock is the shares in a company that are owned by people who have the right to receivepart of the company's profits before the holders of common stock.