preference shares — have preferred rights that rank ahead of ordinary shares. The rights are commonly (1) a dividend of fixed percentage of their nominal value payable annually on set dates, often cumulative (i.e. if not paid the dividend is carried forward Easyform … Law dictionary
preference shares — Shares in a company which usually receive a fixed dividend each year and which, if redeemed, are redeemed at par value. Although the dividend ( dividends) is fixed, it is not guaranteed. However, if the company fails to pay ( passes ) the… … Financial and business terms
preference shares — noun stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights • Syn: ↑preferred stock, ↑preferred shares • Hypernyms: ↑stock • Hyponyms: ↑cumulative preferred, ↑cumulativ … Useful english dictionary
preference shares — N PLURAL Preference shares are shares in a company that are owned by people who have the right to receive part of the company s profits before the holders of ordinary shares are paid. They also have the right to have their capital repaid if the… … English dictionary
preference shares — / pref(ə)rəns ʃeəz/ plural noun shares (often with no voting rights) which receive their dividend before all other shares and are repaid first (at face value) if the company goes into liquidation (NOTE: The US term is preferred stock.) COMMENT:… … Dictionary of banking and finance
preference shares — See preferred shares … Euroclear glossary
preference shares — preferred stock … English contemporary dictionary
preference shares — A British term for *preferred stock … Auditor's dictionary
preference shares — Same as preferred stock … Ballentine's law dictionary
fixed rate preference shares — Shares issued wholly for new consideration with no conversion rights or rights to acquire further shares or securities, which carry dividends of a fixed amount or fixed rate per cent of the nominal value. The dividends (plus any amount paid on… … Law dictionary
