deferred stock

Stock whose holders are entitled to dividends only after the corporation has met some other specified obligation, such as the discharge of a liability or the payment of a dividend to preferred shareholders. [Cases: Corporations 155(3).]
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译者David,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与复杂商业诉讼相关的法律文件。
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