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Auction rate preferred stock (ARPS) |
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Auction rate preferred stock (ARPS)Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction.Auction rate preferred stock (ARPS) Similar MatchesPreferred stockPreferred stockSee: 'preference shares'. Preferred stockPreferred stockA security that shows ownership in a corporation and gives the holder a claim, prior to the claim of common stockholders, on earnings and also generally on assets in the event of liquidation. Most preferred stock pays a fixed dividend that is paid prior to the common stock dividend, stated in a dollar amount or as a percentage of par value. This stock does not usually carry voting rights. Preferred stock has characteristics of both common stock and debt. Participating preferred stockParticipating preferred stockPreferred stock which, in addition to paying a specified dividend, entitles preferred stockholders to participate with holders of common stock in receiving any additional dividends. Participating preferred stockParticipating preferred stockPreferred stock that provides the holder with a specified dividend plus the right to additional earnings under specified conditions. Dutch Auction Preferred StockDutch Auction Preferred StockA form of adjustable-rate preferred stock in which the dividend is ascertained in a Dutch Auction process by corporate bidders every seven weeks. Further SuggestionsConvertible preferred stockPreferred stock agreement Floating rate preferred adjustable rate preferred stock Cumulative preferred stock Preferred habitat theory Second preferred stock Preferred dividend coverage cumulative preferred stock Depository preferred Prior preferred stock First preferred stock Monthly income preferred security (MIP) Preferred stock ratio Blank Check Preferred Stock Auction Market Preferred Stock (AMPS) Adjustable rate preferred stock (ARPS) Preferred equity redemption stock (PERC) |
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