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Deferred Shares
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Deferred Shares have exactly the same rights as Ordinary shares with the exception that they don't get a dividend until certain conditions are met; for example, until after a specified date in the future or unless a certain level of profitability is reached.
See Also: Online share dealing service Stockmarket Centre
Last Updated: June 2007 © Moneyextra.com
Our senior editor Robin Amlôt recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.