Used chiefly in finance as a short form of 'preferred stock'; plural ‘preferreds’.
Definitions
A share of preferred stock. Many investors shifted their money from common shares to preferreds during the downturn.
Synonyms
preferred stock
preferred shares
preference shares
Used attributively to denote something that is favored or chosen over others (e.g., "preferred method").
Definitions
Favoured or chosen above all others; given special preference. Email is the preferred method of communication.