Liquidation Preference

Sometimes, usually by virtue of an agreement, certain shareholders will receive preferential treatment if a company is liquidated. Investors may insist on this so that if a company fails, they are paid out first before any other shareholders receive any payouts.

Similar financial terms

Liquidation value
Net amount that could be realized by selling the assets of a firm after paying the debt.

Liquidation rights
The rights of a firm's securityholders in the event the firm liquidates.

Liquidation
When a firm's business is terminated, assets are sold, proceeds pay creditors and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a Long or short position.

Position liquidation
The closing out of a long position. The term is sometimes used to denote closing out a short position, but this is more often referred to as covering.

Preference stock
A security that ranks junior to preferred stock but senior to common stock in the right to receive payments from the firm; essentially junior preferred stock.

Liquidity preference hypothesis
The argument that greater liquidity is valuable, all else equal. Also, the theory that the forward rate exceeds expected future interest rates.

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SKK

Slovak Koruna from Slovakia (The Slovak Republic). The Slovak Koruna (crown) came into being in 1993, six months after Slovakia split from the Czecho-Slovak Federation. Beyond this point, the two countries used the same banknotes but stamped with different paper stamps.


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