Capital stock and Preferred stock

Capital stock noun - The maximum number of shares authorized under the terms of a corporation's articles of incorporation.

Preferred stock and capital stock are semantically related. In some cases you can replace phrase "Preferred stock" with "Capital stock", this phrases are similar.

Preferred stock noun - Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights.

Capital stock and preferred stock are semantically related. Sometimes you can replace phrase "Capital stock" with "Preferred stock", this phrases are similar.