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Definition of Preferred shares
1. Noun. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights.
Generic synonyms: Stock
Specialized synonyms: Cumulative Preferred, Cumulative Preferred Stock
Lexicographical Neighbors of Preferred Shares
Literary usage of Preferred shares
Below you will find example usage of this term as found in modern and/or classical literature:
1. Sunset by Southern Pacific Company, Southern Pacific Company. Passenger Dept (1910)
"The capital of the company is as follows: SHARES OF THF. CAPITAL STOCK First
preferred shares $ 60000000 Second preferred shares 250000000 Common shares ..."
2. Business Finance: A Practical Study of Financial Management in Private by William Henry Lough (1917)
"Unfortunately for their calculations, however, the charter of the company gave
the common shareholders a right at any time to redeem the preferred shares at ..."
3. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1905)
"Without passing on the question of right an Injunction was refused against the
issueof preferred shares of stock in tbe case of ..."
4. Company Precedents, for Use in Relation to Companies Subject to the by Francis Beaufort Palmer (1881)
"Arrangements were made by the directors for the surrender of the deferred shares
in consideration of 20,0007. new preferred shares to rank in all respects ..."
5. The Financial Policy of Corporations by Arthur Stone Dewing (1920)
"The practice varies among different types of preferred shares. Among railroads
the provision that the preferred shares shall be paid in full before any ..."
6. A Manual of the Law Applicable to Corporations Generally: Including Also by Charles Theodore Boone (1881)
"... of preferred shares are entitled to priority as it respects dividends only,
... preferred shares must exist in the corporation as originally formed, ..."
7. Financing an Enterprise by Hugh Ronald Conyngton (1921)
"The certificates for preferred shares having a preference as to principal shall
state briefly the amount which the holders of each of such preferred shares ..."
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