English Dictionary

preferred stock

noun

(finance) Stock with a dividend, usually fixed, that is paid out of profits before any dividend can be paid on common stock and that has priority to common stock in liquidation.

I invested in preferred stock because it offers a higher dividend yield.

意味（1）

(finance) Stock with a dividend, usually fixed, that is paid out of profits before any dividend can be paid on common stock and that has priority to common stock in liquidation.