preference share


noun British.

a share of preferred stock.

Origin of preference share

First recorded in 1835–45

British Dictionary definitions for preference shares

preference shares

pl n

British and Australian 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 name: preferred stock Compare ordinary shares, preferred ordinary shares