Preference shares

Preference shares. Preference shares - a stock to which guarantee certain advantages before a usual stock. It is usually given to provide some obligation of the company, and on it, dividends are declared in preference to usual actions. That is, if the person holds the action of preference shares it will receive interest after that [45] of profit in business before such profit will be given in the form of dividends to shareholders in general. Preference shares can be
Let out only when it is authorised by company charter-party. Interest on investments in case of preference shares is more assured, but safety is no more safe than in case of usual actions.