| 单词 | non-equity share |
| 释义 | non-equity share A share in a company having any of the following characteristics: ● any of the rights of the share to receive payments are for a limited amount that is not calculated by reference to the company's assets or profits or the dividends on any class of equity share; ● any of the rights of the share to participate in a surplus on liquidation are limited to a specific amount that is not calculated by reference to the company's assets or profits; ● the share is redeemable either according to its terms or because the holder, or any party other than the issuer, can require its redemption. |
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