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Preference shares
PREFERENCE SHARES

Definition: (British) (business) Preference shares are shares in a company that are owned by people who have the right to receive part of the company's profit before holders of ordinary shares are paid. They also have the right to have the capital repaid if the company fails and has to close.
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See perfect share (4).

See perfect type (1).
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See perfect right (1).
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See perfect right (2).

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