Noun
stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
Source: WordNetMaking money from enforcing patents is no more wrong than investing in preferred stock. Nathan Myhrvold
American Stores raised its bid for Jewel's preferred stock, increasing the total bid to $1.15 billion in cash and securities. Source: Internet
Additional accumulation of capital in the form of preferred stock. Source: Internet
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. Source: Internet
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. Source: Internet
Ultimately, $382 billion was dispersed to Wall Street firms like Citigroup, JPMorgan and AIG in exchange for preferred stock and other compensation. Source: Internet