participating preference share（stock） 参与优先股
Preferred stock which provides a specific dividend that is paid before any dividends are paid to common stock holders，and which takes precedence over common stock in the event of a liquidation.This form of financing is used by private equity investors and venture capital firms.Holders of participating preferred stock get both their money back（with interest）and the money that is distributable with respect to the percentage of common shares into which their preferred stock can convert.
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