preferred shares

NOUN
16 LETTERS · STARTS WITH P

preferred shares is a valid 16-letter word worth 24 points in Scrabble and 24 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
P3R1E1F4E1R1R1E1D2S1H4A1R1E1S1
3 + 1 + 1 + 4 + 1 + 1 + 1 + 1 + 2 + 0 + 1 + 4 + 1 + 1 + 1 + 1 =24 PTS
DOUBLE WORD → 48TRIPLE WORD → 72
MEANING

What does preferred shares mean?

NOUN · 1 SENSE
1

Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights.

BROADER