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2 definitions found
 for preferred stock
From The Collaborative International Dictionary of English v.0.48 :

  Prefer \Pre*fer"\, v. t. [imp. & p. p. Preferred; p. pr. & vb.
     n. Preferring.] [F. pr['e]f['e]rer, L. praeferre; prae
     before + ferre to bear or carry. See 1st Bear.]
     1. To carry or bring (something) forward, or before one;
        hence, to bring for consideration, acceptance, judgment,
        etc.; to offer; to present; to proffer; to address; --
        said especially of a request, prayer, petition, claim,
        charge, etc.
        [1913 Webster]
              He spake, and to her hand preferred the bowl.
        [1913 Webster]
              Presently prefer his suit to C[ae]sar. --Shak.
        [1913 Webster]
              Three tongues prefer strange orisons on high.
        [1913 Webster]
     2. To go before, or be before, in estimation; to outrank; to
        surpass. [Obs.] "Though maidenhood prefer bigamy."
        [1913 Webster]
     3. To cause to go before; hence, to advance before others, as
        to an office or dignity; to raise; to exalt; to promote;
        as, to prefer an officer to the rank of general.
        [1913 Webster]
              I would prefer him to a better place. --Shak.
        [1913 Webster]
     4. To set above or before something else in estimation,
        favor, or liking; to regard or honor before another; to
        hold in greater favor; to choose rather; -- often followed
        by to, before, or above.
        [1913 Webster]
              If I prefer not Jerusalem above my chief joy. --Ps.
                                                    cxxxvii. 6.
        [1913 Webster]
              Preferred an infamous peace before a most just war.
        [1913 Webster]
     Preferred stock, stock which takes a dividend before other
        capital stock; -- called also preference stock and
        preferential stock.
        [1913 Webster]
     Syn: To choose; elect. See Choose.
          [1913 Webster]

From WordNet (r) 3.0 (2006) :

  preferred stock
      n 1: stock whose holders are guaranteed priority in the payment
           of dividends but whose holders have no voting rights [syn:
           preferred stock, preferred shares, preference shares]

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