Series 6: Preferred Stock

Taken from our Series 6 - Investment Company Products/Variable Contracts Representative Exam

Definition of the term Preferred Stock...

a stock that has a higher claim on a corporation’s assets and earnings than common stock but pays a fixed dividend and has no voting rights.

Since you're reading about Series 6: Preferred Stock, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 6
Please Enable Javascript
to view this content!