preference share capital Meaning in the Cambridge English Dictionary
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Meaning of “preference share capital” in the English Dictionary

"preference share capital" in Business English

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preference share capitalnoun [U]

uk   us   mainly UK (mainly UK also preference capital, US also preferred capital) FINANCE, STOCK MARKET
money that a ​company has from ​selling preferenceshares. Shareholders with these ​shares must be ​paid before those with ordinary ​shares when a ​company is ​payingdividends or if it goes ​bankrupt: Preference ​capital can be ​redeemed after a ​specifiedperiod.
(Definition of preference share capital from the Cambridge Business English Dictionary © Cambridge University Press)
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