preferred

preferred
preferred pre‧ferred [prɪˈfɜːd ǁ -ɜːrd] adjective [only before a noun] FINANCE
1. used to talk about a company's most important investors. If the company is in financial difficulty, preferred investors may receive payment of dividends, debts etc even if others do not receive them, or full payment if others receive less:

• The company filed a reorganization plan negotiated with its secured lenders and preferred stockholders.

• The new company would be 95%-owned by unsecured and preferred creditors.

2. preferred investments are those held by a company's most important investors, or the payments that they receive on these investments:

• It has a controlling interest in the company and annually receives $22.5 million in preferred dividends.

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preferred UK US /prɪˈfɜːd/ adjective
► liked or wanted more than another: »

If a brand does not offer their preferred size, shape, colour, or price point, they will find another that does.

 »

She said her school removed the company from its list of preferred lenders because of poor loan servicing and student complaints.

► FINANCE, LAW relating to people, businesses, etc. to which money is owed that must be paid back by a bankrupt company before it pays others, or to the debt itself: »

Thanks to its preferred creditor status, the World Bank can expect to be repaid before any commercial lender.

 »

A quarter of the company's preferred debt is in unpaid taxes.


Financial and business terms. 2012.

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Look at other dictionaries:

  • preferred — I (favored) adjective adopted, approved, choice, chosen, decided upon, elected, endorsed, especially liked, fancied, favorite, handpicked, liked, picked out, preferable, preferential, selected, set apart, settled upon, singled out, special, taken …   Law dictionary

  • preferred — [adj] favorite, chosen adopted, approved, culled, decided upon, elected, endorsed, fancied, favored, handpicked, liked, named, picked, popular, sanctioned, selected, set apart, settled upon, singled out, taken, well liked; concepts 555,574 Ant.… …   New thesaurus

  • Preferred — Prefer Pre*fer , v. t. [imp. & p. p. {Preferred}; p. pr. & vb. n. {Preferring}.] [F. pr[ e]f[ e]rer, L. praeferre; prae before + ferre to bear or carry. See 1st {Bear}.] 1. To carry or bring (something) forward, or before one; hence, to bring for …   The Collaborative International Dictionary of English

  • preferred — Possessing or accorded a priority, advantage, or privilege. Generally denoting a prior or superior claim or right of payment as against another thing of the same kind or class; e.g. creditor with perfected security interest @ preferred creditor… …   Black's law dictionary

  • preferred — adjective 1. more desirable than another (Freq. 1) coffee is preferable to tea Danny s preferred name is Dan • Syn: ↑preferable • Similar to: ↑desirable 2. preferred above all others and treated with partiality …   Useful english dictionary

  • preferred — 1. adjective favoured 2. noun Preferred stock …   Wiktionary

  • preferred — adj. Preferred is used with these nouns: ↑choice, ↑habitat, ↑means, ↑method, ↑mode, ↑option, ↑share, ↑stock, ↑stockholder, ↑supplier, ↑term …   Collocations dictionary

  • preferred — teiktinas statusas T sritis Gynyba apibrėžtis NATO terminijos standartizacijoje – terminų vertinimo skalės įvertis, kuriuo parodoma, kad terminas geriausiai atitinka pateiktą sąvoką. atitikmenys: angl. preferred pranc. privilégié ryšiai: susijęs… …   Lithuanian dictionary (lietuvių žodynas)

  • preferred stock — see stock Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. preferred stock n …   Law dictionary

  • preferred dividend — A payment of a corporation s profits to holders of preferred shares of stock. (See also: preferred stock) Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc. Nolo’s Plain English Law Dictionary. Gerald N. Hill,… …   Law dictionary

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