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Preferred shares   /prəfˈərd ʃɛrz/   Listen
Preferred shares

noun
1.
Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights.  Synonyms: preference shares, preferred stock.






WordNet 3.0 © 2010 Princeton University








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"Preferred shares" Quotes from Famous Books



... their property, are taxable only with the consent of Congress and only in conformity with the restrictions it has attached to its consent.[85] Immediately after the Supreme Court construed the statute authorizing the States to tax national bank shares as allowing a tax on the preferred shares of such a bank held by the Reconstruction Finance Corporation,[86] Congress passed a law exempting such shares from taxation. The Court upheld this measure saying, "when Congress authorized the States to impose such taxation, ...
— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin



Words linked to "Preferred shares" :   stock, cumulative preferred stock, cumulative preferred



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