preferred🔊adjUK /pɹɪˈfɜːd/ · US /pɹɪˈfɝd/1favouredAntonymsantipreferredDerived termsnonpreferred, preferred creditor, preferredly, preferredness, preferred number, preferred provider, preferred stockholder, unpreferred
preferred🔊noun1Business, Finance Preferred stock.Naturally, closed-end funds’ common shareholders love the juice that auction-rate preferreds provide.2008 March 30, Gretchen Morgenson, “If You Can’t Sell, Good Luck”, in New York Times: