preferred stock

American  

noun

1. stock that has a superior claim to that of common stock with respect to dividends and often to assets in the event of liquidation.

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preferred stock British  

noun

1. Also called (in eg Britain, Australia): preference shares.  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

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Etymology

Origin of preferred stock

An Americanism dating back to 1840–50

Example Sentences

And bankers will advise clients on raising early stage equity, preferred stock and convertible bonds.

From The Wall Street Journal

In 2008, when the mortgage meltdown threatened the U.S. housing market, the Treasury agreed to support the two companies in exchange for senior preferred stock purchase agreements.

From Barron's

Banks account for about half of the market, but they have cut back on issuance as capital requirements eased, according to UBS preferred stock analyst Frank Sileo.

From Barron's

The company steadily has snapped up Bitcoin since unveiling its treasury method at the end of 2020, and has been using the sale of preferred stock to fund those purchases.

From Barron's

The company steadily has snapped up Bitcoin since unveiling its treasury method at the end of 2020, and has been using the sale of preferred stock to fund those purchases.

From Barron's