convertible adjustable preferred stock
CAPS. A type of preferred stock with an interest rate pegged to the interest rate of a Treasury security. The CAPS can be exchanged for shares of common stock or for cash after the company announces the date of its next dividend. CAPS is a type of mandatory convertible.
Popular 'Stocks' Terms
Related Personal Finance Articles
Loading...
convertible adjustable preferred stock in the news
Loading...
convertible adjustable preferred stock is ...
... part of the Stocks subject.







