TERMIUM Plus®

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

PREFERENCE AS ASSETS CLAUSE [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1986-09-10

English

Subject field(s)
  • Investment
  • Stock Exchange
CONT

This "preference as to assets" clause is found in most preferred share issues. Since the preferred shareholder has given up any claim on earnings beyond the agreed-upon dividend, it is logical that his position as a "limited shareholder" be buttressed by this prior claim on assets.

French

Domaine(s)
  • Investissements et placements
  • Bourse
CONT

Cette clause des «droits de priorité sur l'actif» se rencontre dans la plupart des émissions d'actions privilégiées. Puisque l'actionnaire privilégié a renoncé à son droit de participation aux bénéfices au-delà du dividende fixé, il est logique que sa situation, en tant qu'actionnaire «limité», soit renforcée par un droit prioritaire sur l'actif.

Spanish

Save record 1

Copyright notice for the TERMIUM Plus® data bank

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

Display options

Change the order of display of the official languages of Canada
Option to display the non-official languages (Spanish or Portuguese)
Display definitions, contexts, etc., on records

Features

Language Portal of Canada

Access a collection of Canadian resources on all aspects of English and French, including quizzes.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: