FINANCE|financial institutions and credit
- scair thosaíochta in-chomhshóite Tagairt Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- convertible preference share | preferred | CPS | convertible preferred stock
- en
- Sainmhíniú preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date Tagairt "Investopedia > 'Convertible Preferred Stock', http://www.investopedia.com/terms/c/convertiblepreferredstock.asp [9.10.2014]"
- Nóta Most convertible preferred stock is exchanged at the request of the shareholder, but sometimes there is a provision that allows the company (or issuer) to force conversion. The value of convertible common stock is ultimately based on the performance (or lack thereof) of the common stock.