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preference shares

British  

plural noun

  1. US and Canadian name: preferred stock.  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 shares Compare ordinary shares preferred ordinary 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

Example Sentences

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Preference shares of Hugo Boss rose 0.7 percent to 77.30 euros.

From BusinessWeek • Feb. 10, 2012

If only you understood things you would have parted with your Five per cents . . . your Preference shares.

From Love by Garnett, Constance

All this remains equally true if, besides the ordinary capital, there is a considerable amount outstanding of Preference shares and Debenture debt.

From War-Time Financial Problems by Withers, Hartley