Definition of Preference stock

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TeachMeFinance.com - explain Preference stock




historic definition...

Preference stock -- This is the English designation for stock that is preferred over other classes as to dividends and assets. It is equivalent to what in the United States is called preferred stock when there is only one class of preferred stock or to what is called first preferred when there are two classes. Preference stock is sometimes divided into classes, as first preference, second preference, etc., with the right to dividends in the order named. For additional information see Stock.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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