Definitions for "preferred shares"
Capital stock which provides a specific dividend that is paid before any dividends...
A class of share capital that entitles the owners to a fixed dividend ahead of the company's common shares and to a stated dollar value per share in the event of liquidation. Usually, owners of these do not have voting rights unless a stated number of dividends have been omitted.
Are equity instruments that take no security against assets, have flexible terms of repayment and pay fixed or floating dividends.
PacificStock Exchange Primitive security