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preference shares

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pl n
British and Australian 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. Preference shares usually carry a definite rate of dividend that is generally lower than that declared on ordinary sharesUS and Canadian name: preferred stock Compare ordinary shares, preferred ordinary shares
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The rainy weather could not ________ my elated spirits on my graduation day.
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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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