{"iri":"https://folio.openlegalstandard.org/RBNLtCtiehXHqrqSiI8me4X","label":"Preferred Shares","sub_class_of":["https://folio.openlegalstandard.org/RCMCyg29yJdESbSXnNRLABk"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Preferred Stock","alternative_labels":["Priority Shares"],"translations":{},"hidden_label":null,"definition":"Preferred Shares represent a class of ownership in a company that confers preferential treatment regarding dividend payments and asset distribution in the event of liquidation. These shares typically do not carry voting rights but offer a fixed dividend that must be paid before any dividends are distributed to common shareholders.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}