Adjustable-rate preferred stock
Adjustable-rate preferred stock is a preferred stock with a dividend that is adjusted at regular intervals.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Adjustable-rate preferred stock. Preferred stock with a dividend that is adjusted at regular intervals.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
