Legal glossary
“preference share”
Defined in 1 Acts. A definition holds for the Act that gives it; the same word can mean something else in another Act.
The Preference Shares (Regulation of Dividends) Act, 1960 · s. 2
(c) "preference share" means a share which[3] * carries, as respects dividends, a preferential right to be paid a fixed amount or an amount calculated at a fixed rate;
Read section 2