(redirected from Advanced Photo System)
Also found in: Dictionary, Medical, Acronyms, Encyclopedia, Wikipedia.


Auction Preferred Stock. A type of Dutch Auction Preferred Stock (Goldman Sachs product).

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 ?
By providing consumers with a unique way to store Advanced photo System index prints and SmrtFilm cartridges we assist retailers in offering smart solutions to their customers," said Eric Thorng, amateur film brand manager for Fuji's consumer markets division.

Full browser ?