English version

deferred share

From Longman Business Dictionary
Related topics: Finance
deferred sharedeˈferred ˌshare1[countable]FINANCE one of a class of shares where DIVIDENDs are only paid in a particular period of time after dividends have been paid on all other classes of sharesAfter a three-year deferral period, the deferred shares become freely tradable.2[countable]FINANCE one of a class of shares which do not pay DIVIDENDs immediately, but pay them later, for example when the company reaches a particular level of salesManagement may take deferred shares which will convert into ordinary shares when performance targets are reached. share
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