participating preferred

American  

noun

Stock Exchange.

1. a preferred stock entitled to its fixed dividend and to additional ones on a specified basis after payment of dividends on common stock.

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Etymology

Origin of participating preferred

First recorded in 1925–30

Example Sentences

See Examples For:

participating preferred

But I’m not really sure how it expects the average viewer to understand rapid fire dialogue about ratchet clauses and participating preferred, pro rata rights and convertible debt.

From The Verge ● Apr. 10, 2015

For each share of common they will receive four new shares of common, five of participating preferred, a $25 cash bonus.

From Time Magazine Archive