preference shares

plural noun

1. 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. Preference shares usually carry a definite rate of dividend that is generally lower than that declared on ordinary shares US and Canadian namepreferred stock Compare ordinary shares preferred ordinary shares

Example Sentences

It will also provide 900 million euros in financing in the form of preference shares redeemable no later than six years after closing.

From Reuters

The airline said it would also buy back 50% of the HK$19.5 billion of preference shares held by the Hong Kong government by the end of 2023, and the remainder by the end of July 2024, subject to completion of a proposed capital reduction and business conditions at the time.

From Reuters

The airline also intends to pay all future preference shares dividends as they fall due, it said.

From Reuters

Gilles Guibout, head of European equity strategies at AXA Investment Managers in Paris, said he was concerned about the fact that only preference shares would be issued, which don't have voting rights.

From Reuters

Volkswagen preference shares, which have fallen significantly in recent weeks due to a leadership tussle, closed up 8.6% at the top of Germany’s benchmark DAX index.

From Reuters