PERC


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PERC

Preferred Equity Redemption Stock

A convertible preferred stock that automatically converts to common stock or cash on a certain date. PERCs have higher, guaranteed returns than common stock; however, the issuer reserves the right to exchange them for common stock at any time.
References in periodicals archive ?
We're very excited to partner with Sunrise to jointly develop front-side metallization pastes and to advance future performance of their PERC product line because they share that same fast-track mindset.
We are excited about the recent, large investment that was made in our new PERC Technology.
8220;By offering this financial incentive, PERC hopes to help these homeowners obtain reliable backup power that supports their desire for a cleaner environment.
TowerJazz is using Calibre PERC technology to help our customers achieve their reliability objectives by providing rule decks that perform advanced checks during signoff," said Ori Galzur, Vice President of the TowerJazz VLSI Design Center.
Wet cleaning is the most common alternative to traditional perc dry cleaning, but is more expensive and requires tensioning equipment to prevent shrinkage, which is not needed with traditional dry cleaning.
Another green alternative to perc is also starting to catch on: using pressurized carbon dioxide (CO2) to get fabrics clean.
With Eclipse plug-ins available for both PERC Ultra and PikeOS, the products offer application developers a common framework for the design, development and testing of products for embedded, virtualised solutions.
PERC noted that the LPI engine was developed by CleanFUEL USA with support by more than $1 million in propane industry research grants.
Although dry cleaners have reduced their perc emissions in recent years with more efficient equipment, they are still the largest source of perc emissions in the region.
Perc is also used in industrial degreasing operations.
The patent-pending PERC system can also be easily adapted to unscrewing operations on the parting line, which are quite difficult to accomplish with conventional hydraulic-drive systems, Petrucci says.