Preference stock. This is the English designation for stock that is preferred over other classes
as to dividends and assets. It is equivalent to what in the United States is called preferred stock
when there is only one class of preferred stock or to what is called first preferred when there are
two classes. Preference stock is sometimes divided into classes, as first preference, second
preference, etc., with the right to dividends in the order named.
For additional information see Stock.
as to dividends and assets. It is equivalent to what in the United States is called preferred stock
when there is only one class of preferred stock or to what is called first preferred when there are
two classes. Preference stock is sometimes divided into classes, as first preference, second
preference, etc., with the right to dividends in the order named.
For additional information see Stock.
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