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Preferred stock, also called preferred shares or preference shares, is typically a 'higher ranking' stock than common stock, and its terms are negotiated between the corporation ...
It is conventional to say "b is weakly preferred to a", or just "b is preferred to a". If a ≤ b but not b ≤ a, then the consumer strictly prefers b to a, which is written a < b.
pre·fer (pr-fûr) tr.v. pre·ferred, pre·fer·ring, pre·fers. 1. To choose or be in the habit of choosing as more desirable or as having more value: prefers coffee to tea.
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It is conventional to say "b is weakly preferred to a", or just "b is preferred to a". If a ≤ b but not b ≤ a, then the consumer strictly prefers b to a, which is written a < b.
preferred stock n. Capital stock having priority over a corporation's common stock in the distribution of dividends and often of ... A Primer On Preferred Stocks ...
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Preference (also called "taste" or "penchant") is a concept, used in the social sciences, particularly economics. It assumes a real or imagined "choice" between alternatives and the possibility of rank ordering of these alternatives, based on happiness, satisfaction, gratification, enjoyment, utility they provide. More generally, it can be seen as a source of motivation. In cognitive sciences, individual preferences enable choice of objectives/goals.

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