单词 | preference share |
释义 | preference share preference share a special type of share in a company, which has the characteristic that it confers an entitlement to a specified percentage rate of dividend that is payable in priority to the claims of ordinary shareholders. A company's share capital may be split between ordi- nary shares and preference shares. Ordinary shareholders are enti- tled to the remaining profits that have been appropriated for the pay- ment of dividends. |
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