TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

DEBTHOLDER [1 record]

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Record 1 1991-10-28

English

Subject field(s)
  • Investment
  • Stock Exchange
CONT

If a company's ability to pay interest and dividends deteriorates because of lower earnings, the preferred shareholder is "in the middle" - better protected than the common shareholders but junior to the claims of the debtholders.

French

Domaine(s)
  • Investissements et placements
  • Bourse
CONT

Les actions privilégiées ont, par rapport aux actions ordinaires, un droit prioritaire sur l'actif en cas de liquidation ou de dissolution de la compagnie. Le droit des créanciers et des porteurs de titres d'emprunt a préséance sur celui des actionnaires privilégiés, et les actionnaires ordinaires doivent se contenter de ce qui reste après que tous les droits des créanciers, des porteurs de titres d'emprunt et des actionnaires privilégiés ont été satisfaits.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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