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
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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 See all Example Sentences for preferred stock 

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

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