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Define ‘preference shares’. - Secretarial Practice

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Question

Define ‘preference shares’.

Definition
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Solution

Preference Shares are a type of share in a company that carry certain preferential rights over equity shares.

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Chapter 18: Sources of Business Finance - EXERCISES [Page 269]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 18 Sources of Business Finance
EXERCISES | Q II. 2. | Page 269
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