Definition of Preference shares
1. Noun. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights.
Generic synonyms: Stock
Specialized synonyms: Cumulative Preferred, Cumulative Preferred Stock
Preference Shares Pictures
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Lexicographical Neighbors of Preference Shares
Literary usage of Preference shares
Below you will find example usage of this term as found in modern and/or classical literature:
1. Company Precedents, for Use in Relation to Companies Subject to the by Francis Beaufort Palmer (1884)
"Not to be able to issue preference shares is often found a serious ... And it is now well settled that a power to issue preference shares inserted in the ..."
2. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1905)
"In England the power to Issue preference shares depends on the ... Where power to create preference shares up to a certain limit was expressly given. ..."
3. A Treatise on the Doctrine of Ultra Vires: Being an Investigation of the by Seward Brice, Ashbel Green (1880)
"I. Corporations must have express power in order to create preference shares or stock, (a) Very frequently a company issues shares, having a dividend ..."
4. Reports of Cases Adjudged in the High Court of Chancery: Before Sir William by Great Britain Court of Chancery, Edward Ebenezer Kay, Henry Robert Vaughan Johnson, William Page Wood Hatherley (1858)
"... RAWFORD 1850. are in this Act distinguised as the 'third preference shares.: And whereas some of the shares, to the aggregate nominal «-T amount of ..."
5. The Canada Law Journal by Law Society of Upper Canada, William S. Hein & Company, Canadian Bar Association (1911)
"Bennett (1911) 1 Ch. 163, the validity of an issue of preference shares by a limited company was in question. By its memorandum of association the capital ..."
6. Reports of Cases Heard and Determined by the Lord Chancellor, and the Court by John Peter De Gex, Steuart Macnaghten, Alexander Gordon, Great Britain Court of Chancery, Jonathan Cogswell Perkins (1872)
"... or income could be legally applicable to the payment of interest or dividend on any of the said preference shares, or on its ordinary share capital, ..."