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adjustable-rate preferred stock


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

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