Lesson60 seconds
What is Participating Preferred?
Preferred gets AND leftover.
Step 1 of 9
Simple Definition
Participating preferred receives its and then also in remaining proceeds with common - a ‘double dip’ unless capped.
Explanation level
Tap a persona to hear the same idea in a totally different voice.
Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.
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