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

American Depository Share (ADS)

American Depository Share (ADS)

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


American Depository Receipt Ratio

American Depository Receipt Ratio

The number of ordinary shares into which an ADR can be converted.


Depository receipt

Depository receipt

See: ADR American Depository Receipt


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.


American Depository Receipt Fees

American Depository Receipt Fees

Fees associated with the creating or releasing of ADRs from ordinary shares, charged by the commercial banks with correspondent banks in the international sites.


Further Suggestions

Electronic depository transfers
MBS depository
Depository Trust Company
International Depository Receipt (IDR)
Global Depository Receipt
Depository transfer check (DTC)
Depository Institutions Deregulation and Monetary Control Act
Depository institution


 
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