quarterly income preferred securities (QUIPS)


Holding of preferred stock in another company which has a sole aim of lending incomes generated to the company that it is under. QUIPS mature quarterly and payments to QUIP holders are made from tax-deductible incomes paid by the parent company.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
quarterly income debt securities (QUIDS) quarterly report