Depository Preferred

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Definition: Depository Preferred

Depository Preferred
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Full Definition of Depository Preferred

Portion of ownership stock retained by a company to enable additional issuance of preferred stock certificates. By reserving stock in a depository account, the company can avoid reaching the maximum allowable issue of an outstanding stock.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/depository-preferred/
Modern Language Association (MLA):
Depository Preferred. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/depository-preferred/.
Chicago Manual of Style (CMS):
Depository Preferred. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/depository-preferred/ (accessed: April 23, 2024).
American Psychological Association (APA):
Depository Preferred. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/depository-preferred/

Definition Sources

Definitions for Depository Preferred are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.