Adjustable Rate Preferred Stock

Business, Legal & Accounting Glossary

Definition: Adjustable Rate Preferred Stock


Adjustable Rate Preferred Stock


Full Definition of Adjustable Rate Preferred Stock


Preferred stock whose dividend changes, usually quarterly, according to changes in the Treasury Bill rate or a similar benchmark. The changes in the dividend are determined by a pre-set formula. Like floating rate debt, adjustable rate preferred stock tends to have stable prices, since the dividend amount can be can changed to offset price changes.


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Definition Sources


Definitions for Adjustable Rate Preferred Stock are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.