Difference between bonds preferred and common stock?

Here is the basic information on your question.

Bond: A fixed income security that is a secured loan to a company or government.

Common Share: Common shares come with the right to elect directors and in some cases vote on major corporate decisions. Depending on the companies performance and long term goals they may or may not pay a dividend.

Preferred Share: Preferred shares pay a fixed dividend. However, these fixed dividends may be reduced or suspended by the company.