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preferred stock
noun
: stock guaranteed priority by a corporation's charter over common stock in the payment of dividends and usually in the distribution of assets
Examples of preferred stock in a Sentence
Recent Examples on the Web
The company has said some proceeds would go toward redeeming all outstanding shares of its non-convertible preferred stock.
—Jordan Novet, CNBC, 12 Dec. 2024
After accounting for preferred stock dividends and undistributed earnings, net income attributable to common stockholders was $7.6 million, up from $5.6 million.
—Quartz Bot, Quartz, 4 Dec. 2024
The filing also notes recent transactions, including the issuance of convertible notes and warrants, and the conversion of some notes into common stock and preferred stock.
—Quartz Bot, Quartz, 19 Nov. 2024
The filing discusses various financial obligations, including promissory notes and preferred stock interest, with notes payable totaling $7,632,488.
CFN Enterprises continues to focus on its CFN Business and Ranco Business, while exploring strategic transactions and opportunities.
—Quartz Bot, Quartz, 15 Nov. 2024
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Word History
First Known Use
circa 1859, in the meaning defined above
Time Traveler
The first known use of preferred stock was
circa 1859
Dictionary Entries Near preferred stock
Cite this Entry
“Preferred stock.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/preferred%20stock. Accessed 30 Dec. 2024.
Legal Definition
preferred stock
see stock
More from Merriam-Webster on preferred stock
Britannica.com: Encyclopedia article about preferred stock
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