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Shares with a fixed rate of dividend that entitle their holders to priority payment over those who hold ordinary shares of a company are called

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Shares with a fixed rate of dividend that entitle their holders to priority payment over those who hold ordinary shares of a company are called Answer: Preference shares

Question context

This question is part of 📚 General Knowledge within the broader 🌐 Current Affairs & GK subject and appears in the DemoPaper-Pakistan preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.