PREFERRED STOCK

Pronunciation (US): (GB):

Meaning:

Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights

Synonyms:

preference shares; preferred shares; preferred stock

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("preferred stock" is a kind of...):

stock (the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity))

Hyponyms (each of the following is a kind of "preferred stock"):

cumulative preferred; cumulative preferred stock (preferred stock whose dividends if omitted accumulate until paid out)