单词 | arps |
释义 | > as lemmasARPS ARPS n. Finance adjustable-rate preferred stock (or share). ΚΠ 1982 Amer. Banker 22 Nov. 11/2 The investment bankers say the adjustable-rate preferred, called ARPS, is the cheapest form of permanant [sic] capital for banks. 1986 Atlantic Reporter 2nd Ser. 501 1237/1 The minority holders of common stock were to receive .50 share of a new adjustable rate preferred share (‘ARPS’) in place of each share of Crocker common stock held. 2001 M. Constas & J. K. Shim Investm. Sourcebk. vi. 178 Adjustable-rate Preferred Stock (ARPS)..is preferred stock with a floating dividend rate that resets each quarter. < as lemmas |
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