preference share capital
noun[U]
FINANCE,STOCK MARKETmainlyUKukus(mainlyUKalsopreference capital);(USalsopreferred capital)moneythat acompanyhas fromsellingpreferenceshares. Shareholders with thesesharesmust bepaidbefore those withordinaryshareswhen acompanyispayingdividendsor if it goesbankrupt:
Preferencecapitalcan beredeemedafter aspecifiedperiod.