Preferred
101Non-cumulative preferred stock — Preferred stock whose holders must forgo dividend payments when the company misses a dividend payment. Related: Cumulative preferred stock …
102noncumulative preferred stock — preferred stock whose holders must forgo dividend payments when the company misses a dividend payment. Related: cumulative preferred stock. Bloomberg Financial Dictionary …
103non-cumulative preferred stock — preferred stock whose holders must forgo dividend payments when the company misses a dividend payment. Related: cumulative preferred stock. Bloomberg Financial Dictionary …
104prior-preferred stock — preferred stock that has a higher claim on all dividends and assets in liquidation than claims of other preferred stock. Bloomberg Financial Dictionary …
105second-preferred stock — preferred stock issue that has less priority in claiming dividends and assets in liquidation than another issue of preferred stock. Bloomberg Financial Dictionary …
106prior preferred stock — Preferred stock which takes precedence over other issues of preferred stock of the same corporation …
107convertible preferred stock — preferred stock that can be exchanged for a fixed number of shares of the common stock of the issuing company at the holder s option. * * * …
108Convertible preferred stock — Preferred stock that can be converted into common stock at the option of the holder. The New York Times Financial Glossary …
109Floating-rate preferred — Preferred stock paying dividends that vary with short term interest rates. The New York Times Financial Glossary …
110Monthly income preferred security (MIP) — Preferred stock issued by a subsidiary located in a tax haven. The subsidiary relends the money to the parent. The New York Times Financial Glossary …