noun
1. : stock assured by a corporation's charter of dividends before any are paid on the common and usually also having preference in distribution of assets
2. Britain : common stock that takes a specified dividend ahead of a deferred common
noun
1. : stock assured by a corporation's charter of dividends before any are paid on the common and usually also having preference in distribution of assets
2. Britain : common stock that takes a specified dividend ahead of a deferred common
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012