When compared to ordinary shareholders, preferred stockholders have a priority claim on corporate assets.

Name: When compared to ordinary shareholders, preferred stockholders have a priority claim on corporate assets.
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Preferred stockholders have a priority claim on corporate assets, which means they have a higher priority than ordinary shareholders in the event of bankruptcy or liquidation. They also receive a fixed dividend payment before any payments are made to ordinary shareholders.

When Compared to Ordinary Shareholders, Preferred Stockholders Have a Priority