This is a limited preview — please sign in or subscribe to learn everything we know about the term “adjustable-rate preferred stock”.

adjustable-rate preferred stock

noun

Definitions of adjustable-rate preferred stock

  • a type of a share on which dividends are paid before dividends on other ordinary shares are paid and the dividends issued will vary according to a benchmark, most often a US Treasury note rate

    "Sundstrand Corporation, a leading defense and equipment manufacturer, privately placed $100 million adjustable-rate preferred stock."

Phrase Bank for adjustable-rate preferred stock

Abbreviations of adjustable-rate preferred stock

Discounts for lawyers and law firms

Save time and money for you and your clients with our unique knowledge base.

Learn more

Improve your Legal English skills

Try the sample and preorder our digital coursebook, the English for Law at a big discount!

Try the sample unit!
TransLegal