- a share of preferred stock.
Origin of preference share
First recorded in 1835–45
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- 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