MIPS

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Monthly Income Preferred Securities

Preferred stock representing a portion of ownership in a limited partnership. The limited partnership is a subsidiary of another company and exists only for the purpose of issuing the MIPS. The proceeds from MIPS are lent to the partnership's parent company. These securities thus combine aspects of stocks and bonds; they mature on a monthly basis and usually have a par value of $25. Returns on MIPS come out of the partnership's pretax earnings.

MIPS

References in periodicals archive ?
The benchmark was raised over the years to 190,000 MTOPS and has now been replaced by a new metric, weighted teraflops (WT)(see "High Performance Computers (HPCs)," above).
In contrast, MTOPS study demonstrated risk reduction of long term clinical progression by 66% with combination therapy (p<0.
Current regulations permit general-license exports up to 2,000 MTOPS and requires individual licenses for military end-uses and end-users above that figure.