| NOUN | possession | preference shares, preferred stock, preferred shares | stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights |
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| Meaning | Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights. | |
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| Synonyms | preferred stock, preferred shares | |
| Narrower | cumulative preferred, cumulative preferred stock | preferred stock whose dividends if omitted accumulate until paid out |
| Broader | stock | The capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity) |
| Catalan | participació preferent | |
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