Word info Synonyms

preferred shares

Noun

Meaning

stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights

Source: WordNet

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Examples

As of the date of this Prospectus Supplement, all of the Fund’s outstanding preferred shares are expected to have asset coverage on the date of issuance of the Series G Preferred Shares of approximately 294%. Source: Internet

This communication is not a recommendation to buy or sell Centrus Series B Preferred Shares or any other securities, and it is neither an offer to purchase nor a solicitation of an offer to sell Centrus Series B Preferred Shares or any other securities. Source: Internet

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