(or stock , North American preferred share or stock)
A share which entitles the holder to a fixed dividend, whose payment takes priority over that of ordinary share dividends.
- However, when you start your Open Annuity, you also buy a special preference share in the insurance company operating it.
- In 1997 they retained their first preference share but lost more than half their seats because their vote was spread over too many candidates.
- Company head Dan Brown said at the meeting that existing shareholders would have an opportunity to purchase one preference share at $1.00 for every five ordinary share currently owned.
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Line breaks: pref¦er|ence share
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