Meaning of “preferred stock” in the English Dictionary

business-english dictionary

"preferred stock" in Business English

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preferred stocknoun [ C ]

uk us also preference stock FINANCE, STOCK MARKET

a share or group of shares in a company that gives the owner the right to receive a dividend (= part of the company's profit) before dividends are paid to owners of common shares, or when dividends on common shares are not paid at all

(Definition of “preferred stock” from the Cambridge Business English Dictionary © Cambridge University Press)