Preference share/Definition

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Revision as of 04:55, 22 February 2010 by imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> A share in the ownership of a business that entitles the holder to priority over the holders of ordinary shares in the payment of dividends a...)
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Preference share [r]: A share in the ownership of a business that entitles the holder to priority over the holders of ordinary shares in the payment of dividends and in the distribution of the proceeds of liquidation of the business, after the holders of debentures have been paid what is due to them.