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Meaning of “deferred share” in the English Dictionary

"deferred share" in Business English

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deferred sharenoun [C]

uk   us   STOCK MARKET
a ​type of ​share where the dividend (= ​part of a company's ​profits) does not have to be ​paid until ​payments have been made on all other ​shares: The ​directors receive their ​cashcompensation in ​deferredshareunits, an ​instrumentdesigned to mirror the ​increases and ​declines of a company's ​stock.
a ​type of ​share where the dividend (= ​part of a company's ​profits) does not have to be ​paid until a future ​date: The National Association of Pension Funds ​objects to the fact that the ​deferredshares are ​paid out regardless of the ​performance of the ​company over the ​intervening three ​years.
(Definition of deferred share from the Cambridge Business English Dictionary © Cambridge University Press)
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“deferred share” in Business English

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