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.]

---

词条贡献者

法律翻译Terence，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与房地产与土地使用诉讼有关的法律文件。