preferred stock
Noun
Meaning
stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
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Examples
Making money from enforcing patents is no more wrong than investing in preferred stock.
American Stores raised its bid for Jewel's preferred stock, increasing the total bid to $1.15 billion in cash and securities.
Additional accumulation of capital in the form of preferred stock.
He said SoftBank anticipates it will be able to pay a 7 percent return to limited partners who hold about $40 billion in preferred stock.
Per the previous blogs, liquidation preferences allocate the proceeds of a liquidation or sale of a startup among the investors holding preferred stock and the holders of common stock.
Ultimately, $382 billion was dispersed to Wall Street firms like Citigroup, JPMorgan and AIG in exchange for preferred stock and other compensation.