A type of ordinary share where dividends are deferred and paid only after other types of ordinary shares have been compensated, often favoring founder members or large profit entitlements.
A shareholder of a company whose name is entered in the register of members. Founder members are those who sign the memorandum of association; anyone subsequently coming into possession of the company's shares becomes a member.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.