Preference share


 

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Preference share

Preferred shares of a corporation that have first claim to preferred dividends.



Preference share

Similar Matches

Community preferences

Community preferences

A set of consumer preferences, analogous to those of an individual as might be represented by a utility function, but representing the preferences of a group of consumers. The existence of well-behaved community preferences requires restrictive assumptions about individual preferences and/or incomes.


Involuntary liquidation preference

Involuntary liquidation preference

A premium that must be paid to preferred or preference stockholders if the issuer of the stock is forced into involuntary liquidation.


Identical preferences

Identical preferences

The assumption that individuals -- either within a country or in different countries -- have the same preferences. To be useful, since individuals' and countries' incomes may differ, the assumption is often used together with homothetic preferences.


Redeemable preference shares

Redeemable preference shares

Preference shares which the issuing company reserves the right to redeem. The shares may, or may not have a specific redemption date or dates.


Weak axiom of revealed preference

Weak axiom of revealed preference

The assumption that a consumer who reveals strict preference for one bundle of goods over another will not, in other circumstances, reveal their preference for the second over the first. That is, if qi, qj are the vectors of goods purchased at prices pi, pj respectively, then piqi>piqj Þ pjqi>pjqj. Used in proving correlation results.


Further Suggestions

Preference for variety
Generalized System of Preferences
preference shares
Preference stock
Liquidity preference hypothesis
stepped preference shares
Loan Preference Principle
Homothetic preferences
Tariff preference
Revealed preference
participating preference shares
Tax preference item
Preferences
cumulative preference shares


 
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