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preference share

Line breaks: pref¦er|ence share
(or stock, North American preferred share or stock)

Definition of preference share in English:

noun

A share which entitles the holder to a fixed dividend, whose payment takes priority over that of ordinary share dividends.
Example sentences
  • 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.

Definition of preference share in:

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