nonparticipating preferred stock
Noun
AE
Preferred stock, typically of US and UK companies, that pays only a fixed dividend and not the right to otherwise participate in the distribution of the company’s profits.
Synonym(s):
- non-participating preferred stock; nonparticipating preferred.
- [BE]: non-participating preference share capital.
Comment:
Stock is a mass word and correctly used in the plural form only when referring to the different stock of the different issuers.
