|
Preference share (See Chapters 7 and 30 of the Vernimmen)
Preference share, one of the categories of privileged shares, confers pecuniary advantages in exchange for the total or partial lack of voting rights. These advantages can include: a claim to a greater proportion of earnings than is paid out on other shares, a higher priority in dividend distribution, a cumulative dividend (case of the non-voting PDS), etc. Also called preferred share.
Preference share (See Chapters 7 and 30 of the Vernimmen)
Preference share, one of the categories of privileged shares, confers pecuniary advantages in exchange for the total or partial lack of voting rights. These advantages can include: a claim to a greater proportion of earnings than is paid out on other shares, a higher priority in dividend distribution, a cumulative dividend (case of the non-voting PDS), etc. Also called preferred share.
See
all terms in the dictionary of finance
|
|
|
|
You get more than just a glossary
on www.vernimmen.com:
- A monthly newsletter with over 26,000
subscribers
- 610,000 financial data for over 16,000
groups
- A 279-question quiz with answers
- A text book that has
sold 70,000 copies
- And all the rest |
Definition of Preference share - Finance dictionary