preferred stocks
Priority equity shares
Preferred stocks are shares that receive dividends before common stockholders and have priority claim on assets if a company liquidates.
They typically pay fixed dividends like bonds but represent ownership like stocks.
Preferred shareholders usually lack voting rights.
The term appears almost exclusively in plural: Her portfolio includes both bonds and preferred stocks.
Distribution as price percentage
- cumulativeIncreasing by successive additions
- participatingTaking an active role
- fixed rateUnchanging interest percentage
- arrearsOverdue financial obligations
Produce or relinquish
- credit ratingAssigned measure of borrower reliability
- market priceCurrent exchange value
- book valueAsset minus accumulated depreciation
- face valuePrinted denomination shown
discount · premium · spread · rating agency · investment grade · price volatility · duration · fair value
Car with folding roof
- callableSubject to early redemption
- redeemableAble to be reclaimed
- perpetualLasting without interruption
- adjustable-rateRate that changes periodically
par value · seniority · non-voting · cumulative · participating · floating rate · step-up
Higher in rank
- juniorLower in standing
- subordinatedPlaced below in rank
- bankruptcyLegal status when insolvent
- liquidationSelling assets for cash
Cautious about altering customs
- defensiveProtective or easily threatened
- capital preservationSafeguarding original investment value
- institutional investorEntity investing pooled capital
- retail investorNonprofessional who trades securities
brokerage · asset class · diversification · holding period · accumulation · wealth management · fiduciary
dividend yield
Distribution as price percentage
- cumulativeIncreasing by successive additions
- participatingTaking an active role
- fixed rateUnchanging interest percentage
arrears · distribution · payment date · reinvestment · income stream
yield
Produce or relinquish
- credit ratingAssigned measure of borrower reliability
- market priceCurrent exchange value
- book valueAsset minus accumulated depreciation
face value · discount · premium · spread · rating agency · investment grade · price volatility · duration · fair value · total return
convertible
Car with folding roof
- callableSubject to early redemption
- redeemableAble to be reclaimed
- perpetualLasting without interruption
adjustable-rate · par value · seniority · non-voting · cumulative · participating · floating rate · step-up
senior
Higher in rank
- juniorLower in standing
- subordinatedPlaced below in rank
- bankruptcyLegal status when insolvent
conservative
Cautious about altering customs
- defensiveProtective or easily threatened
- capital preservationSafeguarding original investment value
- institutional investorEntity investing pooled capital
retail investor · brokerage · asset class · diversification · holding period · accumulation · wealth management · fiduciary
- dividendsdividend, dividends, cash dividends, dividend yield, dividend income
- fixed incomebonds, treasuries, T-bills, CDs, treasury bonds
preferred stockscommon stocks
Equity ownership certificates
common shares · voting shares · growth stocks · penny stocks
preferred stocksbonds
Ties that unite
corporate bonds · debentures · notes · bank loans · loans
preferred stocksgrowth stocks
Shares expected to appreciate
penny stocks · junk bonds · venture capital · treasury bonds
prefer, preferred, prefers, preferring, preference, preferences, preferential, preferentially, preferable