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adjustable-rate preferred stock

   Also found in: Acronyms 0.04 sec.
Adjustable-rate preferred stock (ARPS)
Publicly traded issues that may be collateralized by mortgages and MBS
adjustable-rate preferred stock
See floating-rate preferred stock.
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Adjustable-rate preferred stock (ARPS): Publicly traded issues that may be collateralized by mortgages and MBS.
CLUBBING DEALS AMATEUR INVESTMENT GROUPS FIND BARGAINS AMID WALL ... by Daily News (Los Angeles, CA)
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