Preference shares, Glossary and Terms, Depository Institutions & Credit Unions

U.S Depository Institutions List of United States Depository Institutions, Credit Unions, Guide Service

"Preference shares"

These are similar to bonds in that they usually pay a fixed rate of income. However, they pay a dividend rather than interest and are subject to the issuing company making sufficient profits.

Depository glossary and terms by letter

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