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90s Slang You Should Know

preferred stock

stock that has a superior claim to that of common stock with respect to dividends and often to assets in the event of liquidation.
Origin of preferred stock
An Americanism dating back to 1840-50 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for preferred stock
Historical Examples
  • On the level, kiddo, you're preferred stock all right, and I'd be willin' to take a flyer any time.

    Just Around the Corner Fannie Hurst
  • If he had been straight, we could have saved that preferred stock.

  • "You get $20,000 cold cash and a thousand shares of preferred stock," urged Vickery.

    A Woman for Mayor Helen M. Winslow
  • The ratio of the preferred stock to the common was as 78 to 40.

  • preferred stock can be issued only when authorised by the charter of the company.

  • Not the preferred stock of the whole system would have availed at that moment to induce an inspection of Nine Mile shed.

    The Daughter of a Magnate Frank H. Spearman
  • At first, when only preferred stock was issued, the bonus was $5.00 a year.

    United States Steel Arundel Cotter
  • The preferred stock of the different companies has now been given voting power which was denied it under the old organization.

  • Let us have no more "income bonds" which yield no income, and "preferred stock" in which another is preferred after all.

    Monopolies and the People Charles Whiting Baker
  • The question arises, is the holder of a 7% preferred stock in a position to demand that the dividend be paid the following year.

    Commercial Law Samuel Williston, Richard D. Currier, and Richard W. Hill
British Dictionary definitions for preferred stock

preferred stock

(US & Canadian) shares representing part of the capital issued by a company and entitling their holders to priority with respect to both net profit and net assets. Preferred stock usually carries a definite rate of dividend that is generally lower than that declared on common stock Also called (in eg Britain, Australia) preference shares
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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