06-28-2003, 01:37 AM
Hi,
'Deferred Shares' are part of the ordinary capital of a company, these shares have exactly the same rights as ordinary shares with the exception that they do not get a dividend until certain conditions are met; for example, until after a specified date in the future or unless a certain level of profitability is reached.
If further explanation required please do reply.
Everyone disagreeing to this definition is also welcome to argue..... it'll surely help me to learn.
Edited by - TheOne on Jun 28 2003 121901 AM
'Deferred Shares' are part of the ordinary capital of a company, these shares have exactly the same rights as ordinary shares with the exception that they do not get a dividend until certain conditions are met; for example, until after a specified date in the future or unless a certain level of profitability is reached.
If further explanation required please do reply.
Everyone disagreeing to this definition is also welcome to argue..... it'll surely help me to learn.
Edited by - TheOne on Jun 28 2003 121901 AM
