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Heirs Shares

We've checked our database and believe the answer is LEGACIES which was last seen in the New York Times NYT crossword.
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We think the answer to this crossword clue is: LEGACIES

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LettersAnswerClue
99%8Exact Match!
noun

• (law) a gift of personal property by will

23%15 Type of shares that receive dividend payments before common shares
noun

• stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights

23%10 A corporate action that divides existing shares into multiple shares
noun

• an increase in the number of outstanding shares of a corporation without changing the shareholders' equity

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Source #Number Answer
New York Times17 Nov 1981 Down 40
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Shares that have a higher claim on assets and earnings compared to common shares
➡️
Shares that have priority over common shares when it comes to receiving dividends

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