Vorzugs
Vorzugs is a German linguistic term used mainly as a prefix or stem to denote preferential treatment or priority. It is not commonly used as an independent concept in everyday language; instead, it appears in compound nouns such as Vorzugsaktie, Vorzugsrecht and Vorzugsbehandlung. The base Vorzug means advantage, preference, or priority, and the prefix Vorzugs- indicates that a particular right or asset has precedence over others in a defined context.
In finance, Vorzugsaktie (preferred stock) is the standard form. A Vorzugsaktie refers to a class of shares
In corporate governance and law, the term Vorzugsrecht denotes a pre-emptive or preferential right. This can