Shares having preferential right as to dividend and repayment of capital are termed as in

Question

Quizplus · Accepted Answer

Preference shares are the type of shares that have preferential rights over equity shares in terms of dividend payments and repayment of capital upon liquidation of the company. Equity shares, on the other hand, do not have such preferential rights. Right issues and issue of bonus shares are methods of issuing new shares to existing shareholders, not types of shares.

Shares Having Preferential Right as to Dividend and Repayment of Capital