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Blank Check Preferred Stock |
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Blank Check Preferred StockThis is stock over which the board of directors has broad authority to determine voting, dividend, conversion, and other rights. While it can be used to enable a company to meet changing financial needs, its most important use is to implement poison pills or to prevent takeover by placement of this stock with friendly investors.Blank Check Preferred Stock Similar MatchesPreferred stockPreferred stockSee: 'preference shares'. Floating rate preferredFloating rate preferredPreferred stock paying dividends that vary with short-term interest rates. Preferred stock ratioPreferred stock ratioPreferred stock at par value divided by total capitalization, which gives the portion of capitalization that consists of preferred stock. Auction rate preferred stock (ARPS)Auction rate preferred stock (ARPS)Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction. Cumulative preferred stockCumulative preferred stockPreferred stock with dividend payment priority following a missed dividend payment. This amount accumulates with subsequent dividends and when next a dividend is declared no payments can be made to common stockholders until cumulative preferred stockholders have been paid in full. Further SuggestionsAdjustable rate preferred stock (ARPS)Monthly income preferred security (MIP) Auction Market Preferred Stock (AMPS) participating preferred stock Preferred habitat theory Participating preferred stock Dutch Auction Preferred Stock adjustable rate preferred stock Preferred stock agreement Preferred stock Second preferred stock Preferred dividend coverage Cumulative preferred stock Prior preferred stock Convertible preferred stock Depository preferred Preferred equity redemption stock (PERC) First preferred stock |
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