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 periodicals archive ?
HEIGHT: T: 6ft 10in 6ft 10in WEIG WEIGHT: T: 128kg 128kg CAP CAP CAPS: 42 42 EUAN MURRAY POSITION: POSITION: Full-back Full-back CLUB: CLUB: Glasgow Warriors Glasgow Warriors HEIG HEIGHT: T: 6ft 1in 6ft 1in WEIG WEIGHT: T: 118kg 118kg CAP CAP CAPS: 62 62 ALASDAIR DICKINSON POSITION: POSITION: Loosehead prop Loosehead prop CLUB: CLUB: Edinburgh Rugby Edinburgh Rugby HEIG HEIGHT: T: 6ft, 1in 6ft, 1in WEIG WEIGHT: T: 111kg 111kg CAP CAP CAPS: 39 39
Fortunately, there are plenty of caps for the SVML.
Economics--Historically, caps have served as a very affordable promotional piece;
More good news: The caps were not effective until July 1 of this year; there is no retroactive application of them to the first half of 2003, as some SNF-based outpatient providers have worried.