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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During the nine months ended September 30, 2024, the company issued promissory notes totaling $1.4 million and sold preferred stock for gross proceeds of $1.35 million. Quartz Bot, Quartz, 17 Jan. 2025 In its 2025 Outlook report published earlier this week, Barclays called out Richemont as a preferred stock. Samantha Conti, WWD, 16 Jan. 2025 The plan is already in motion, with the company completing a $2.1 billion raise in Q3 2024 and announcing a $2 billion preferred stock offering in January 2025. Roomy Khan, Forbes, 16 Jan. 2025 Despite a sell-off in December, preferred stock saw favorable returns last year. Michelle Fox, CNBC, 8 Jan. 2025 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 26 Jan. 2025.

Legal Definition

preferred stock

see stock

More from Merriam-Webster on preferred stock

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