Overview

priority percentage


Show Summary Details

Quick Reference

The proportion of any profit that must be paid to holders of fixed-interest capital (preference shares and loan stock; see debenture) before arriving at the sums to be distributed to holders of ordinary shares. These percentages help to assess the security of the income of ordinary shareholders and are related to the gearing of the company's capital.

Subjects: Financial Institutions and Services.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.