QUIPS


Also found in: Dictionary, Thesaurus, Acronyms, Idioms.

Quarterly 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 QUIPS. The proceeds from QUIPS are lent to the partnership's parent company. These securities thus combine aspects of stocks and bonds; they mature on a quarterly basis and usually have a par value of $25. Returns on MIPS come out of the partnership's pretax earnings, and, therefore, can result in tax advantages.

QUIPS

References in periodicals archive ?
Salesforce has accorded to buyout word processing app Quip in a $582 million agreement, which continues its shift away from its roots in customer relationship management software.
cration d~environ 29 coffrets doubles de distributions (chacun quip de 2 inverseurs de source bascules, 4 interrupteurs, 12 disjoncteurs modulaires, ...),
She said "slams" such as "Whose doughnut has run out of jam?" were part of a team effort but "the idea that we sit there making up quips is absurd."
lot 3: camion quip d~une caisse ferme et d~un hayon lvateur,
The Tour de France champ came top for quips such as the one he made to crowds by the Champs-Elysees, when he said: "We're just going to draw the raffle numbers now."
QUIPS will be provided by a financing trust owned by the company's subsidiary, Progress Energy Inc.
And a joke is perceived as funnier when it is accredited to a professional comedian than to someone else, with non-nonsensical quips being particularly suited to those who make their living by making others laugh.
Introducing the reader to an easy-to-use format consisting of lunch-packing blueprints, menu rotation charts, delightful additions such as jokes, cartoons, quips, and quotes to enhance the child's meal, easy English muffin pizzas, Mexican pinwheels, purple people-eaten dip, fab brownies, and many more exuberant recipes, The Healthy Lunchbox is an ideal guide, very strongly recommended to all parents looking for an effective solution to the general tedium of their children's daily lunch life.
"The amount spent on catering in the paddock today is greater than the budget for the entire grid in the 1970s," quips Max Mosley, when asked about the cost of Formula One racing.
announced last week the redemption by Entergy Arkansas Capital I of all the $60 million aggregate liquidation amount of its 8.5 percent Cumulative Quarterly Income Preferred Securities (QUIPS) at a price equal to $25 per QUIPS plus accumulated and unpaid distributions to the redemption date of Nov.
"I have an active social life with my husband but I wouldn't say it runs to lingerie parties," she quips.
From Utne.com: "'I kind of like temporary tattoos, and I definitely like donuts, quips Brittany Ojala to ESPN.com's Darren Rovell.