deferred share
noun[C]
STOCK MARKETukusatypeofsharewhere thedividend(=partof a company'sprofits)does not have to bepaiduntilpaymentshave been made on all othershares:
Thedirectorsreceivetheircashcompensationindeferredshareunits, aninstrumentdesignedtomirrortheincreasesanddeclinesof a company'sstock.
atypeofsharewhere thedividend(=partof a company'sprofits)does not have to bepaiduntil afuturedate:
TheNationalAssociationof Pension Fundsobjectsto thefactthat thedeferredsharesarepaidoutregardlessof theperformanceof thecompanyover theinterveningthreeyears.