adjustable-rate preferred stock


adjustable-rate preferred stock
( ARPS)
Publicly traded issues that may be collateralized by mortgages and MBS

Financial and business terms. 2012.

Look at other dictionaries:

  • adjustable-rate preferred stock — ARP Stock or cumulative preference shares in the USA whose dividends are linked to Treasury Bill interest rates. Minimum and maximum rates are specified by the application of a collar Convertible adjusted rate preferred stock can be converted to… …   Big dictionary of business and management

  • adjustable rate preferred stock — /əˌdʒʌstəb(ə)l reɪt prɪˌfɜ:d stɒk/ noun a preference shares on which dividends are paid in line with the interest rate on Treasury bills. Abbreviation ARPS …   Dictionary of banking and finance

  • Adjustable-Rate Preferred Stock - ARPS — A type of preferred stock where the dividends issued will vary with a benchmark, most often a T bill rate. The value of the dividend from the preferred share is set by a predetermined formula to move with rates, and because of this flexibility… …   Investment dictionary

  • Adjustable rate preferred stock (ARPS) — Publicly traded issues that may be collateralized by mortgages and MBSs. The New York Times Financial Glossary …   Financial and business terms

  • convertible adjusted-rate preferred stock — See adjustable rate preferred stock …   Big dictionary of business and management

  • preferred stock — A type of equity or capital representing shares of ownership in a corporation. May or may not receive distributions of corporate income in the form of dividends. Has a higher priority claim to corporate earnings or assets than common stock but… …   Financial and business terms

  • Dutch auction preferred stock — A form of adjustable rate preferred stock in which the dividend is ascertained in a Dutch auction process by corporate bidders every seven weeks. Bloomberg Financial Dictionary …   Financial and business terms

  • convertible adjustable preferred stock — ( caps) The interest rate on caps is adjustable and is pegged to Treasury security rates. They can be exchanged at par value for common stock or cash after the next period s dividend rates are revealed. Bloomberg Financial Dictionary …   Financial and business terms

  • Convertible Adjustable Preferred Stock - CAPS — A preferred, floating rate issue, whose interest rate is tied to Treasury security rates. They can be exchanged for common stock or cash after the next period s dividend rates are announced. The shares received upon conversion are equal in market …   Investment dictionary

  • stock — stocklike, adj. /stok/, n. 1. a supply of goods kept on hand for sale to customers by a merchant, distributor, manufacturer, etc.; inventory. 2. a quantity of something accumulated, as for future use: a stock of provisions. 3. livestock. 4. Theat …   Universalium


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