TERMIUM Plus®

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CLAUSE DROITS PRIORITE ACTIF [1 record]

Record 1 1986-09-10

English

Subject field(s)
  • Investment
  • Stock Exchange
CONT

This "preference as to assets" clause is found in most preferred share issues. Since the preferred shareholder has given up any claim on earnings beyond the agreed-upon dividend, it is logical that his position as a "limited shareholder" be buttressed by this prior claim on assets.

French

Domaine(s)
  • Investissements et placements
  • Bourse
CONT

Cette clause des «droits de priorité sur l'actif» se rencontre dans la plupart des émissions d'actions privilégiées. Puisque l'actionnaire privilégié a renoncé à son droit de participation aux bénéfices au-delà du dividende fixé, il est logique que sa situation, en tant qu'actionnaire «limité», soit renforcée par un droit prioritaire sur l'actif.

Spanish

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