Which type of stock typically does not provide voting rights but may have a higher claim on assets?

Preferred stock typically does not provide voting rights, distinguishing it from common stock, where shareholders often have a say in corporate governance through voting. However, preferred stockholders usually have a higher claim on a company's assets and earnings. In the event of liquidation, they are paid out before common stockholders, which makes their position less risky compared to common stockholders. This preference for dividends can also mean that preferred shares provide a more stable income stream, attracting certain investors who prioritize safety and income over control. The lack of voting rights and higher claim on assets is a defining characteristic of preferred stock, making it the appropriate answer in this context.