Question

what is irredeemable preference shares?

Answer 1

The shares that entity don't have to retrieve and in this case they are like ordinary shares.

Answer 2

Answer:

Preference shares are shares in a company that are owned by people who have the right to receive part of the company's profits before the holders of ordinary shares are paid. They also have the right to have their capital repaid if the company fails and has to close. Compare ordinary shares.

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