preferred stock

A class of stock giving its holder a preferential claim to dividends and to corporate assets upon liquidation but that usu. carries no voting rights.

— Also termed preference shares. Cf. common stock. [Cases: Corporations 156. C.J.S. Corporations § 158.]

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词条贡献者

双语律师Wayne，国际知名法学院法律专业，擅长翻译各类与遗产及遗嘱争议相关的法律文件。