Related Words

Auction Rate Preferred Stock (ARPS): Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction.

Prime Rate: The rate a lender charges its best customers. The rate is calculated differently by each lender.

Prime Rate Fund: A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders.

Principal Exchange-Rated-Linked Securities (PERLS): A debt instrument with its principal and interest denominated in U.S. dollars, but with principal repayment depending on the exchange rate of the U.S. dollar against a foreign currency.

Premium On Stock: The excess of the issuance (market) price of stock over its par or stated value.

Preferred Stock Ratio: Preferred stock at par value divided by total capitalization, which gives the portion of capitalization that consists of preferred stock.

Preferred Stock: Some corporations issue preferred as well as common stock. Preferred stock can be an attractive investment because it typically pays a fixed dividend on a regular schedule. The share prices . . . View Full Definition

Preferred Stock Agreement: A contract for preferred stock.

Principal Stockholder: A stockholder who owns 10% or more of the voting stock of a company. Such stockholders must report all trading in the stock to the SEC pursuant insider trading rules.

Preferred Suppliers: A travel agency's list of the products they prefer to sell the most. These suppliers sometimes offer extra commissions, but also often make special offers available to the consumer through t . . . View Full Definition