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Definition of Preferred stock
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
Definition of Preferred stock
1. Noun. (finance) Stock with a dividend, usually fixed, that is paid out of profits before any dividend can be paid on common stock and that has priority to common stock in liquidation. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Preferred Stock
Literary usage of Preferred stock
Below you will find example usage of this term as found in modern and/or classical literature:
1. United States Supreme Court Reports by United States Supreme Court, Lawyers Co-operative Publishing Company, LEXIS Law Publishing (1901)
"The consolidated Company issued preferred stock to the amount of 85000 shares,
upon certificates in the following form: "Ohio and Mississippi Railway ..."
2. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1912)
"Receiver — corporation — right of preferred stockholders. 2. A holder of preferred
stock in a corporation, whose contract entitles him to have his stock ..."
3. A Treatise on the Incorporation and Organization of Corporations Created by Thomas Gold Frost (1908)
"The holders of preferred stock shall be entitled to non-cumulative dividends ...
The preferred stock shall be subject to redemption at the option of the ..."
4. The Financial Policy of Corporations by Arthur Stone Dewing (1920)
"This is an important provision in case the preferred stock possesses voting power
and there is a struggle between conflicting interests for control ..."
5. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1885)
"If no interest had been paid on the sterling bonds and no rents under the leases
made since the preferred stock was issued, there would have been enough ..."
6. Handbook of the Law of Private Corporations by William Lawrence Clark, Francis Buchanan Tiffany (1907)
"The issue of preferred stock may take the form of a borrowing; but generally ...
111 preferred stock is usually issued in order to raise money for corporate ..."