(1) Why preference shares are called the share of preference ?
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Preference shares, also called preferred stock, are so-named because preferred shareholders have a higher claim on the issuing company's assets than common shareholders. ... In exchange, preferred shareholders give up the voting rights that benefit common shareholders.
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Preference shares, also called preferred stock, are so-named because preferred shareholders have a higher claim on the issuing company's assets than common shareholders. ... In exchange, preferred shareholders give up the voting rights that benefit common shareholders
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