preferred convertible shares

Preferred shares (common/ordinary or preferred) that, at the option of the holder, are convertible into other securities, usually common shares, at a designated rate. The conversion privilege may be perpetual or limited to a specified period.

Euroclear glossary. 2008.

Look at other dictionaries:

  • preferred convertible shares — Preferred shares (common/ordinary or preferred) that, at the option of the holder, are convertible into other securities, usually common shares, at a designated rate. The conversion privilege may be perpetual or limited to a specified period.… …   Financial and business terms

  • preference convertible shares — See preferred convertible shares Euroclear Clearing and Settlement glossary …   Financial and business terms

  • preference convertible shares — See preferred convertible shares …   Euroclear glossary

  • Preferred Equity Redemption Stock - PERC — Preferred stock with special provisions limiting the value of its convertible shares and the mandatory redemption value at maturity. PERCs generally offer a higher yield than common stocks. However, they can be called at any time, generally at a… …   Investment dictionary

  • Convertible Preferred Stock — Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as convertible preferred shares . Most convertible preferred stock …   Investment dictionary

  • convertible preferred stock — Preferred stock that can be converted into the common stock of the issuing company. Like nonconvertible preferred stock, the convertible preferred stock is a class of the corporation s capital stock; has a specified dividend rate that is usually… …   Financial and business terms

  • convertible securities — n. Bonds or preferred stock that can be exchanged for common stock or another lesser security, generally within the same company. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.… …   Law dictionary

  • Shares outstanding — are common shares that have been authorized, issued, and purchased by investors. They have voting rights and represent ownership in the corporation by the person or institution that holds the shares. They should be distinguished from treasury… …   Wikipedia

  • convertible preferred stock — preferred stock that can be exchanged for a fixed number of shares of the common stock of the issuing company at the holder s option. * * * …   Universalium

  • convertible preferred stock — preferred stock that can be exchanged for a fixed number of shares of the common stock of the issuing company at the holder s option …   Useful english dictionary

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