prior preferred stock

Preferred stock which takes precedence over other issues of preferred stock of the same corporation

Black's law dictionary. . 1990.

Look at other dictionaries:

  • Prior Preferred Stock — A type of preferred stock with a higher claim on assets and dividends than other issues of preferred stock. If a firm did not generate enough money to fulfill all of its dividend schedule requirements, those holding prior preferred stocks have… …   Investment dictionary

  • prior-preferred stock — preferred stock that has a higher claim on all dividends and assets in liquidation than claims of other preferred stock. Bloomberg Financial Dictionary …   Financial and business terms

  • Preferred stock — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • preferred stock — A type of equity or capital representing shares of ownership in a corporation. May or may not receive distributions of corporate income in the form of dividends. Has a higher priority claim to corporate earnings or assets than common stock but… …   Financial and business terms

  • Preferred stock — A security that shows ownership in a corporation and gives the holder a claim, prior to the claim of common stockholders, on earnings and also generally on assets in the event of liquidation. Most preferred stock pays a fixed dividend that is… …   Financial and business terms

  • preferred stock bailout — A procedure whereby the issuance, sale, and later redemption or a preferred stock dividend was used by a shareholder to obtain long term capital gains without any loss of voting control over the corporation. In effect, therefore, the shareholder… …   Black's law dictionary

  • first preferred stock — In the USA, preferred stock with prior rights where dividends are concerned or in the event of liquidation …   Big dictionary of business and management

  • preferred — I (favored) adjective adopted, approved, choice, chosen, decided upon, elected, endorsed, especially liked, fancied, favorite, handpicked, liked, picked out, preferable, preferential, selected, set apart, settled upon, singled out, special, taken …   Law dictionary

  • stock — stocklike, adj. /stok/, n. 1. a supply of goods kept on hand for sale to customers by a merchant, distributor, manufacturer, etc.; inventory. 2. a quantity of something accumulated, as for future use: a stock of provisions. 3. livestock. 4. Theat …   Universalium

  • stock — The goods and wares of a merchant or tradesman, kept for sale and traffic. In a larger sense, the capital of a merchant or other person, including his merchandise, money, and credits, or, in other words, the entire property employed in business.… …   Black's law dictionary

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