释义 |
Prior-preferred stock Prior-preferred stockPreferred stock that has a higher claim on all dividends and assets in liquidation than claims of other preferred stock.Prior Preferred StockA preferred stock that has priority over other preferred stock. This occurs when a publicly-traded company has more than one class of preferred stock. Thus, while all preferred stock receives dividends before common stock, prior preferred stock receives dividends before other preferred stock. It is also called a preference stock. |