preference shares

In case of cumulative preference shares if dividend is skipped in any period, it has to be paid subsequently. Convertible preference shares can be converted into ordinary shares in terms and conditions fixed at the time of issue of such shares. A redeemable preference shares matures at a...

Preference shares: it is an ownership security like an ordinary share but it carries a fixed rate of return like a debenture. The holders of preference shares are entitled to income after the claims of creditors of the company have been met, but before ordinary shareholders receive any...