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Từ vựng:

adjustable-rate preferred stock

Giải nghĩa:

/əˈdʒʌstəbəl-reɪt prɪˈfɜrd stɒk/ – Phrase


Definition: Loại cổ phiếu ưu đãi có lãi suất điều chỉnh.

A more thorough explanation: 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

Example: Sundstrand Corporation, a leading defense and equipment manufacturer, privately placed $100 million adjustable-rate preferred stock.

 

 
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