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preferred stock
Capital stock which provides a specific dividend that is paid before any dividends are paid to common stock holders, and which takes precedence over common stock in the event of a liquidation. Like common stock, preferred stocks represent partial ownership in a company, although preferred stock shareholders do not enjoy any of the voting rights of common stockholders. Also unlike common stock, a preferred stock pays a fixed dividend that does not fluctuate, although the company does not have to ... More |
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corporate bond, investment, variable cost, capital, asset/equity ratio, asset, additional paid-in capital, current ratio, profit and loss statement, structured note, debt service coverage, multiplier, book value
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