Depository preferred


 

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Depository preferred

Device enabling an issuer to circumvent an arbitrary corporate limit on the number of preferred shares issuable. Applies mainly to convertible securities.



Depository preferred

Similar Matches

Depository bank

Depository bank

A bank organised in the US which provides all the stock transfer and agency services in connection with a depository receipt program. This function includes arranging for a custodian to accept deposits of ordinary shares, issuing the negotiable receipts which back up the shares, maintaining the register of holders to reflect all transfers and exchanges, and distributing dividends in US dollars.


Global Depository Receipt

Global Depository Receipt

A receipt denoting ownership of foreign-based corporation stock shares which are traded in numerous capital markets around the world.


Depository Trust Company

Depository Trust Company

In the US, the Depository Trust Company (DTC) is a national clearing house for the settlement of trade in corporate and municipal securities and performs securities custody-related services for its participating banks and broker-dealers. DTC is owned by members of the financial industry and by their representatives who are its users. DTC is 35.1% owned by the New York Stock Exchange on behalf of the Exchange's members. It is operated by a separate management and has an independent board of directors. It is a limited purpose trust company and is a member of the Federal Reserve.


American Depository Share (ADS)

American Depository Share (ADS)

Foreign stock issued in the US and registered in the ADR system.


Depository Institutions Deregulation and Monetary Control Act

Depository Institutions Deregulation and Monetary Control Act

The 1980 federal legislation that ended the regulation of the banking industry.


Further Suggestions

International Depository Receipt (IDR)
Depository institution
MBS depository
American Depository Receipt Ratio
Electronic depository transfers
Depository transfer check (DTC)
Depository receipt
American Depository Receipt Fees


 
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