preference shares

基本解释

For example, the dividends on Citigroup’s government preference shares can be deferred but not cancelled, unlike those on common stock.
比如说，对政府持有的花旗银行优先股股利的发放可以延迟，但是却不能取消发放。而普通股就不一样。
Even that proved a stopgap; on December 3rd it was announced that the banks would swap the debt for 75% of the ordinary equity and a slug of preference shares.
但即使那样也仅是临时性的，12月3日，公司宣布将通过债转股把债务转换成全部普通股的75%和一部分优先股。
Worse, banks have come to rely on issuing their own preference shares to raise capital, and will find that harder if holders of Fannie’s and Freddie’s paper suffer losses.
更严重的是，很多银行开始通过发行优先股来进行融资，但是发现Fannie和Freddie的股东受损之后这样的融资方式似乎更加难做。

The government might have reduced its bill by going after the holders of preference shares.
ECONOMIST: Spain’s banking system
Preference shares typically carry no voting rights, which (unlike WestLB traders) was what Porsche was after.
FORBES: Fischer Pays Price For WestLB Trading Scandal
"Having the ordinaries short, and the preference shares long, you lose your shirt, " said Becker.
FORBES: Fischer Pays Price For WestLB Trading Scandal

Preference shares are the 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. They also have the right to have their capital repaid if the company fails and has to close. Compare .
&rarrsee also ordinary shares