Saturday, November 21, 2009

What is Preference Shares?

Preference shares holders will be given dividend before ordinary shareholders and have priority claims on company asset if the company go bankrupt but will have limited voting rights on company decision. Preference shareholders will get fixed amount of dividend even if the company make more profit for the financial year.


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debt consolidation said...

In a nutshell (and completely over-simplified), if a homeowner does a short sale and owes $300,000, and the NET proceeds from the sale that a bank will accept in a short sale equal $200,000, the seller of the property receives a 1099 from the bank for $100,000 (the amount of the "forgiven" debt).

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