CAPS


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CAPS

CAPS

A preferred stock that pays a dividend tied to U.S. Treasury securities. CAPS are convertible to common stock at par value at any time, especially after profits are announced, but before dividends are paid. CAPS have the advantage of protecting the investor's principal while also allowing him/her to take advantage of upswings in the company's value.

CAPS

References in classic literature ?
He, still following up his original unworthy notion, went on adding cap after cap, and I 'yes' after 'yes,' until we got as far as five.
It's been unoccupied time out of mind, and stands in a lonely part of the coast, but those who fish in the neighborhood have often heard strange noises there, and lights have been seen about the wood at night, and an old fellow in a red cap has been seen at the windows more than once, which people take to be the ghost of the body buried there.
These six men were Gilbert o' the Red Cap, Adam o' the Dell, Diccon Cruikshank, William o' Leslie, Hubert o' Cloud, and Swithin o' Hertford.
The accursed was already under the carriage with some half-dozen particular friends, pointing out the chain with his blue cap.
Well, Mas'r Jaggers," said Mike, wiping his nose on his fur cap this time; "in a general way, anythink.
The Persian and Raoul were both, of course, in dress-clothes; but, whereas Raoul had a tall hat, the Persian wore the astrakhan cap which I have already mentioned.
He has thrown off his paper cap, and you see that his hair is not thick and straight, like Adam's, but thin and wavy, allowing you to discern the exact contour of a coronal arch that predominates very decidedly over the brow.
So the Wicked Witch took the Golden Cap from her cupboard and placed it upon her head.
Once she gave her a little cap of red velvet, which suited her so well that she would never wear anything else; so she was always called 'Little Red- Cap.
Before again issuing from it, this spiral runs into a small cone with a concave base, that is turned downward in the shape of a spherical cap.
His landlord, who in a waistcoat and a pointed cap, pitchfork in hand, was clearing manure from the cowhouse, looked out, and his face immediately brightened on seeing Rostov.
It was a warm evening, and even in the delightful drawing-room, where the fine old turf sloped from the open window towards a lilied pool and well-planted mounds, the heat was enough to make Celia in her white muslin and light curls reflect with pity on what Dodo must feel in her black dress and close cap.