preference shares
11fixed rate preference shares — Shares issued wholly for new consideration with no conversion rights or rights to acquire further shares or securities, which carry dividends of a fixed amount or fixed rate per cent of the nominal value. The dividends (plus any amount paid on… …
12stepped preference shares — are preference shares whose fixed percentage dividend will rise annually at a pre set rate …
13redeemable preference shares — The issuing company reserves the right to redeem these preference shares. The shares may, or may not, have a specific redemption date. London Stock Exchange Glossary …
14cumulative preference shares — These preference shares accumulate unpaid dividend, which is then paid out when the company next declares it. London Stock Exchange Glossary …
15participating preference shares — /pɑ:ˌtɪsɪpeɪtɪŋ pref(ə)rəns ʃeəz/, participating preferred stock /pɑ:ˌtɪsɪpeɪtɪŋ prɪˌfamd stɒk/ plural noun preference shares which get an extra bonus dividend if company profits reach a certain level …
16preference share — a special type of share in a company, which has the characteristic that it confers an entitlement to a specified percentage rate of dividend that is payable in priority to the claims of ordinary shareholders. A company s share capital may be… …
17shares — index securities Burton s Legal Thesaurus. William C. Burton. 2006 shares …
18preference share capital — UK US noun [U] US also preferred capital) FINANCE, STOCK MARKET ► money that a company has from selling preference shares. Shareholders with these shares must be paid before those with ordinary shares when a company is paying dividends or if it… …
19preference dividend — ➔ dividend * * * preference dividend UK US noun [C] UK (US preferred dividend) FINANCE, STOCK MARKET ► part of a company s profit that is paid to shareholders who own preference shares → Compare ORDINARY DIVIDEND( …
20participating preference shares — Participating preference shareholders have the right to participate in the surplus profits of the company, after payment of equity and preferred dividend. London Stock Exchange Glossary …
