preference shares

1. 优先股
   Preference shares are shares in a company that are owned by people who have the right to receive part of the company's profits before the holders of ordinary shares are paid. They also have the right to have their capital repaid if the company fails and has to close.

in AM, use 美国英语用 preferred stock

1. It has focused in particular on the mis-selling of preference shares in banks to unsophisticated savers – who thought they were buying a safe product, only to be wiped out when banks restructured.
   这种愤慨尤其集中于银行向缺乏经验的储户不当销售优先股之上&这些投资者本以为他们购买了安全的产品，结果却在银行重组时蒙受重大损失。
2. Even David Einhorn, the hedge fund investor who wants Apple to issue new preference shares with a 4 per cent yield, say it should keep$ 20bn under the mattress.
   就连对冲基金投资者艾因霍恩也表示，苹果应保持200亿美元现金储备。他希望该公司发行收益率为4%的新的优先股。
3. Preference shares could also smooth over the sticky issue of Chinese voting rights ( although this is not really worth fretting about anyway).
   优先股还能解决中方投票权的棘手问题（不过，这点本来就不值得烦恼）。
4. The FSA says it wants banks to have a core tier one ratio a measure of capital that excludes preference shares and other hybrid instruments of at least 4 per cent of their assets under a stressed scenario.
   金融服务管理局表示，它希望银行的核心一级资产比一种剔除优先股和其它混合工具的资本测量方法在某一压力情景中至少占其资产的4%。
5. Preference shares which may be participating or nonparticipating as to the earnings of the corporation participating dividend
   参与或非参与公司盈利分红的优先股
6. Executives are also pressing the government to allow them quickly to replace the preference shares, either by selling assets or by raising additional capital from private investors.
   高管们同时也向政府施压，希望允许他们通过出售资产或向私人投资者募集额外资本，来迅速替换优先股。
7. Arrears of dividends for cumulative preference shares
   累积优先股的拖欠股利
8. The government has said taking preference shares which pay fixed rate of interest but have no voting rights in companies that it invests in is an option but it is also open to other methods of reflecting its equity.
   荷兰政府曾表示，获得所投资的公司的优先股支付固定利息但没有投票权是一个选择，但也会考虑其它反映其权益的方法。
9. It will also allow some banks to continue issuing hybrid capital preference shares and other debt-like instruments for longer than expected.
   它还将允许某些银行在比预期更长的时间里继续发行混合资本，即优先股和债务类工具。
10. Shares represent part-ownership in a company. They can be ordinary shares, preference shares or partly-paid ( contributing) shares.
    股份代表对公司的部分拥有权，分为普通股、优先股、未完全兑付的股权。
11. They estimate the so-called equity tier one capital ratio, a key measure of balance sheet strength which excludes hybrid capital such as preference shares, would be cut by 0.7 percentage points from the current 9.6 per cent.
    他们估计，所谓的一级资本比率将从目前的9.6%下降到8.9%。一级资本比率是衡量财务健康状况的一项关键指标，它剔除了优先股等混合资本。
12. Money market deals with short term debt and capital market deals with long term debt and preference and equity shares.
    货币市场交易的短期债务和资本市场交易与长期债务和偏好和股票。
13. The UK is also stricter on dividends, suspending them until the preference shares are redeemed.
    英国对待派息也更为严格，在优先股赎回之前，暂停股息支付。
14. The shares are usually of two kinds: preference shares and ordinary shares.
    股票通常有两类：优先股和普通股。
15. Many are also deciding against issuing preference shares.
    许多企业还拒不发行优先股。
16. There are also key differences with regard to taking preference shares.
    在购买优先股方面，各国还存在着一些关键分歧。
17. The sale comes as Citigroup faces intense pressure to cut costs after issuing preference shares to the US government to raise much-needed capital.
    在向美国政府发行优先股，以筹集迫切所需资金后，花期集团面临削减成本的强大压力。
18. Preference shares which may be callable for redemption at a specified price
    按指定价格通知赎回的优先股
19. But paying out on preference shares would cost banks at a moment when profits are likely to slow down and a big asset clean-up awaits.
    然而，在利润增长很可能放缓、未来还可能面临大规模资产清理之际，支付优先股股息将使银行付出代价。
20. Preference shares are more like fixed-interest loans since the dividend is set in advance, and must be paid if the company is in profit.
    优先股的股息是预先固定的，因此更像是债券，只要公司有盈利，就必须付股息。
21. Empirical research results show that securities firms holding preference shares on the characteristics of less importance to the fundamentals of the stock market, more emphasis on facial features.
    实证研究的结果表明，证券公司持股偏好上对股票的基本面特征不太重视，对股票的市场面特征比较重视。
22. Securities companies maintain the investment characteristics of preference for holding equity shares of smaller companies, and try to avoid cross-holdings shares with other agencies.
    证券公司在持股方面保持了偏好总股本较小公司的股票和尽量避免与其它机构交叉持股的投资特点。
23. The author believes that legislative provisions to the preference shares should be added, and the limits on the private equity institutions should be relaxed, and more flexible measures should be adopted in the company share changes already listed on the market but still banned to sell.
    笔者认为在立法方面应当补充对优先股的规定，放宽对创业投资机构投资退出的限制，对已经上市但仍在禁售期内的公司股份变动应当更加灵活处理。

noun

1. stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights

   Synonym:    preferred stockpreferred shares