Meaning PREFERENCE STOCK: A security that ranks junior to preferred stock but senior to common stock in the right to receive payments from the firm; essentially junior preferred stock
More terms such as Preference stock in Dictionary P.
- Definition Prime Rate:
- Examples The interest rate at which banks lend to their best (prime) customers. More often than not, a bank's most creditworthy customers borrow at rates below the prime rate preference stock definition.
- Definition Prior-Lien Bond:
- Examples A bond usually arising from reorganization with precedence over another bond of the same issuing company that is equally secured preference stock explain.
- Definition Positive Covenant (Of A Bond):
- Examples A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant preference stock what is.
- Definition Point And Figure Chart:
- Examples that takes into account only whole integer changes in price, i.e., a 2-point change. Point and figure charting disregards the element of time and is used solely to record changes in price preference stock meaning.
- Definition Price Takers:
- Examples Individuals who respond to rates and prices by acting as though prices have no influence on them preference stock abbreviation.
