long question-
what do you understand by share? how many types of preferences shares
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Answer: People always spread rumour
I found myself holding on to hurt like a life preserver only to discover it was the very weight pulling me under.I found myself holding on to hurt like a life preserver only to discover it was the very weight pulling me under.
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Preference shares and its types include, convertible, non-convertible, participatory, non-participatory, cumulative, non-cumulative, etc. They are simply classified as ordinary or common stock of a company. It is not mandatory to issue preference shares. Companies must issue equity shares.
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