Adjustable-Rate Preferred Stock - ARPS
- Adjustable-Rate Preferred Stock - ARPS
- A type of preferred stock where the dividends issued will vary with a benchmark, most often a T-bill rate. The value of the dividend from the preferred share is set by a predetermined formula to move with rates, and because of this flexibility preferred prices are often more stable then fixed-rate preferred stocks.
The preferred category of stocks are more secure as they will be one of the first of the equity holders to receive dividend payments in the event of the company's liquidation. There is often a limit to the amount the rate can change on the dividend, adding further security to the issue.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Adjustable rate preferred stock (ARPS) — Publicly traded issues that may be collateralized by mortgages and MBSs. The New York Times Financial Glossary … Financial and business terms
adjustable-rate preferred stock — ( ARPS) Publicly traded issues that may be collateralized by mortgages and MBS … Financial and business terms
adjustable rate preferred stock — /əˌdʒʌstəb(ə)l reɪt prɪˌfɜ:d stɒk/ noun a preference shares on which dividends are paid in line with the interest rate on Treasury bills. Abbreviation ARPS … Dictionary of banking and finance
ARPS — adjustable rate preferred stock привилегированные акции с корректируемой ставкой процента … Финансово-инвестиционный толковый словарь
ARPS — See: 1) adjustable rate preferred stock 2) auction rate preferred stock … Financial and business terms
ARPS — abbreviation adjustable rate preferred stock … Dictionary of banking and finance
Привилегированные акции с регулируемой доходностью — свободно торгуемые привилегированные акции, которые могут быть обеспечены закладными и MBS. По английски: Adjustable rate preferred stock Синонимы английские: ARPS См. также: Привилегированные акции Финансовый словарь Финам … Финансовый словарь