Prior preferred stock


 

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Prior preferred stock

Preferred stock that has a higher claim on all dividends and assets in liquidation than claims of other preferred stock.



Prior preferred stock

Similar Matches

Blank Check Preferred Stock

Blank Check Preferred Stock

This 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.


Preferred equity redemption stock (PERC)

Preferred equity redemption stock (PERC)

Preferred stock that converts automatically into equity at a stated date. A limit is placed on the value of the shares the investor receives.


Convertible preferred stock

Convertible preferred stock

Preferred stock that can be converted into common stock at the option of the holder. See also: participating convertible preferred stock.


Depository preferred

Depository preferred

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


Second preferred stock

Second preferred stock

Preferred stock issue that has less priority in claiming dividends and assets in liquidation than another issue of preferred stock.


Further Suggestions

Participating preferred stock
Preferred habitat theory
Preferred stock agreement
Preferred dividend coverage
Adjustable rate preferred stock (ARPS)
Monthly income preferred security (MIP)
Floating rate preferred
Preferred stock
Preferred stock ratio
Auction Market Preferred Stock (AMPS)
Cumulative preferred stock
adjustable rate preferred stock
preferred stock
Auction rate preferred stock (ARPS)
First preferred stock
cumulative preferred stock
participating preferred stock
Dutch Auction Preferred Stock


 
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