- preferred stock
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preferred stock see stock
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- preferred stock
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n.Stock that received dividends or distributions ahead of common stock.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- preferred stock
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A class of stock giving its holders priority in receiving dividends and a share of assets upon liquidation of the corporation, but no voting rights. Compare: common stockCategory: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- preferred stock
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USAA class of stock in a corporation that typically entitles the holders to certain preferences and rights over the common stockholders, such as the right to receive dividends and distributions on the company's dissolution or liquidation.See also
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
- preferred stock
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n. Stock that has a higher value than common stock in terms of deriving dividends or income.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- preferred stock
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Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.
Dictionary from West's Encyclopedia of American Law. 2005.
- preferred stock
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Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- preferred stock
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n.a class of shares of stock in a corporation which gives the holders priority in payment of dividends (and distribution of assets in case of dissolution of the corporation) over owners of "common" stock at a fixed rate. While the assurance of first chance at profits is a psychological and real benefit, preferred stock shareholders do not participate in higher dividends if the corporation makes large profits, and usually cannot vote for directors.
Law dictionary. EdwART. 2013.