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 ?
AMPS Advanced Mobile Phone System IMTS Improved Mobile Telephone Service IS-41 Interim Standard(*) for AMPS N-AMPS Narrowband version of AMPS NAMTS Japanese mobile system NMT450 Nordic Mobile Telephone 450 MHz NMT900 Nordic Mobile Telephone 900 MHz TACS Total Access Communications System ETACS TACS version used in Asia JTACS TACS version used in Japan
Applications for the gain module include cellular base station use and for repeater amplifiers for the Nordic Mobile Telephone NMT-450 and NMT-900 systems, code division multiple access systems, the Total Access Communication System and the Advanced Mobile Phone System. Delivery: stock to 10 weeks.
With all the talk about digital wireless communications it's hard to remember that the advanced mobile phone system (AMPS) is the largest selling cellular phone system in use today.

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