dividend preference

dividend preference. The right of a holder of preferred shares to receive a dividend before the company pays dividends to holders of common shares. See preferred stock under STOCK. [Cases: Corporations 156. C.J.S. Corporations § 158.]
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译者李科,毕业于世界顶级翻译学院,擅长翻译各种与国家安全审查相关的法律文件。
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