Preferred

Pronunciation

Alternative forms

• præferred archaic

Verb

1. preferred

   (past of prefer)

Full definition of preferred

Adjective

1. favoured

Noun

1. (finance) Preferred stock.
• 2008, March 30, Gretchen Morgenson, If You Can’t Sell, Good Luck, Naturally, closed-end funds’ common shareholders love the juice that auction-rate preferreds provide.