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Cumulative auction market preferred stock
A type of adjustable rate preferred stock whose dividends are set on a regular basis through an auction, typically every few weeks.
Synonyms and variations
- AMPS
- APS 1.
- ARPS 2.
- Auction market preferred stock
- Auction preferred stock
- Auction rate preferred stock
- CAMPS
- DARTS
- Dutch auction
- Dutch auction preferred stock
- Dutch auction rate transferable securities
- MAPS
- Market auction preferred stock
- MMPS
- Money market preferred stock
- Remarketed preferred stock
- Short-term auction rate
- STAR