Meaning of the word "preferred stock" in English
What does "preferred stock" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
preferred stock
US /prɪˌfɜːrd ˈstɑːk/
UK /prɪˌfɜːrd ˈstɑːk/
Noun
1.
a class of ownership in a corporation that has a higher claim on assets and earnings than common stock, but usually does not carry voting rights
Example:
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Investors often choose preferred stock for its stable dividend payments.
•
Unlike common stock, preferred stock typically does not grant voting rights.
Synonym:
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