prior preferred stock

Preferred stock that has preference over another class of preferred stock from the same issuer.

• The preference usu. relates to dividend payments or claims on assets. [Cases: Corporations 156. C.J.S. Corporations § 158.]

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词条贡献者

资深译员Kevin，毕业于亚洲顶尖的高级翻译学院，擅长翻译涉及能源和电力领域的法律文件。