preferred stock
noun
Definition of preferred stock
: stock guaranteed priority by a corporation's charter over common stock in the payment of dividends and usually in the distribution of assets
From the M-W Editors
Circa 1859
First Known Use of preferred stock
circa 1859
Law Dictionary
Learn More about preferred stock
-
See words that rhyme with preferred stock Britannica.com: Encyclopedia article about preferred stock
Seen and Heard
What made you want to look up preferred stock? Please tell us where you read or heard it (including the quote, if possible).
Writing? Check your grammar now!