preference stock

noun

, British.

1. preferred stock.

Word History and Origins

Origin of preference stock¹

First recorded in 1855–60

Example Sentences

According to Eikon, DWS owns around 2% of Volkswagen's preference stock.

From Reuters

The latest setback came after a Dutch independent foundation connected to KPN announced late on Thursday that it was exercising its right to acquire preference stock in the Dutch mobile phone operator, which would give it just under 50 percent of the voting rights in the company.

From New York Times

Under Dutch law, the foundation, which was created when KPN was privatized starting in the mid-1990s, has the right to buy the outstanding so-called preference stock in the Dutch company, which carry voting rights.

From New York Times

KPN has the option to block unwanted bids by handing preference stock to its "Stichting" or foundation.

From Reuters

But such a move - handing preference stock to KPN's "Stichting" or foundation that could outvote other shareholders - is fraught with uncertainty and could backfire through legal challenges by America Movil or KPN's own shareholders.

From Reuters