Preferred Stock n.In a corporation priority given to a group of shareholders in payment of dividend which is a fixed percentage and does not depend upon the profits made or distribution of assets if the corporation is getting dissolved.
Preferred Stock: A separate and/or secondary class of stock issued by some corporations.
preferred stock see stock prepayment payment of the mortgage loan before the scheduled due date; may be Subject to a prepayment penalty.
preferred stock n. a class of shares of stock in a corporation which gives the holders priority in payment of dividends (and distribution of assets in case of dissolution of the corporation) over owners of "common" stock at a fixed rate.
In Great Britain a debenture is practically the same as a bond, and debenture stock is similar to preferred stock.
3 : to restructure (the capital of a close corporation) so that the value is reflected mostly in preferred stock rather than common stock ...
Liquidation Preference: Certain classes of stock (usually preferred stock) may have a liquidation preference, which entitles the holders to be paid first in the event of the liquidation of a corporation's assets.
CONVERTIBLE SECURITY - A corporate bond or a share of preferred stock that can be converted into shares of common stock of the issuing corporation.
stock in which the owners have voting powers and rights to participate in the profits of the corporation. However, the rights to profits are subject to any superior rights that may have been granted by the company to the holders of preferred stock.
calculated on a pro rata basis (according to the number of shares a shareholder owns). Holders of common stock have rights to vote on corporate matters and to receive a share of the assets if the corporation is liquidated. Compare: preferred stock ...
See also: Share, Attorney, Corporation, Attorn, Lawyer
 
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