Show Summary Details
Quick Reference
(Equities; USA).
A type of preferred stock issue which pays a dividend in line with prevailing short-term interest rates. Variations on the basic formula include auction-rate market preferred stock; money market preferred stock, and so forth.
[...]
Subjects: Economics.
Related content in Oxford Index
Reference entries
Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.
