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Auction rate preferred stock

   Also found in: Acronyms 0.03 sec.
Auction rate preferred stock (ARPS)
Floating rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction.
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Cadbury Schweppes issued $250 million of a uniquely designed auction rate preferred stock in the U.
Preparing for the job hunt by Raver, William J. / Financial Executive
00 Leverage: $65 million Taxable Auction Rate Preferred Stock (Issued September 30, 2002); $30 million of Taxable Auction Rate Preferred Stock (Issued July 18, 2005) Total Net Assets: $350,280,609.
Real Estate Income Fund as of March 31, 2006 by Business Wire
NYSE:KYE) (the "Fund") announced the successful completion of its $300 million offering of auction rate preferred stock ("Preferred Stock").
Kayne Anderson Energy Total Return Fund, Inc. Completes $300 Million ... by Business Wire
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