AMPS

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AMPS

Auction Preferred Stock

A preferred stock with an adjustable dividend that changes every seven weeks according to the results of a Dutch auction. Every preferred stock has a guaranteed dividend; an auction market preferred stock is distinguished by the fact that the amount of its dividends changes from time to time. An auction market preferred stock is beneficial for some investors because the auction reveals the current market yield every seven weeks, which helps in investment decisions on whether to buy, sell, or hold. It is also called an auction rate preferred stock or a Dutch auction preferred stock.
References in periodicals archive ?
The Cellerity TMS product consists of three separate CDPD modem transceivers, each capable of utilizing the entire Advanced Mobile Phone System (AMPS) frequency set.
NEC has been supplying various mobile communications systems such as analog and digital portable phone systems and Personal Handyphone System (PHS) in Japan, as well as Advanced Mobile Phone System (AMPS) and Total Access Communications System (TACS) for overseas.
Vendetti brings to QUALCOMM more than a decade of experience in the design, development and marketing of wireless communications systems, including Advanced Mobile Phone System (AMPS); Narrowband Advanced Mobile Phone System (NAPMS); Time Division Multiple Access (TDMA); and Code Division Multiple Access (CDMA).
NEC is the first Japanese telecommunications device maker to form an alliance with a foreign maker for advanced mobile phone systems.

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