CAMPS

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CAMPS

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 classic literature ?
The next morning, to their surprise, Rose made his appearance at the camp, accompanied by some of his Crow associates.
Here he remained all the succeeding day, as well to give time for the Crows to get in the advance, as for the stragglers, who had wandered away in quest of water two days previously, to rejoin the camp.
Daylight did the camp work of both, harnessed the dogs, and, when ready for the start, rolled the helpless Indian in all three sleeping robes and lashed him on top of the sled.
It was a 'cold' camp, far above the timber-line, and he had not burdened his sled with firewood.
Hanson assured her that the camp was but a few miles further on.
Beyond, upon the opposite shore, Meriem described a camp surrounded by a high, thorn boma.
I shall tell them," he said, "that I apprehended you after you escaped from the camp, that I took you to Achmet Zek, and that as he was engaged in a stubborn battle with the Waziri, he directed me to return to camp with you, to obtain here a sufficient guard, and to ride north with you as rapidly as possible and dispose of you at the most advantageous terms to a certain slave broker whose name he gave me.
Some day there would come a moment when Kai Shang, Momulla, and three or four of the others would be absent from camp, exploring or hunting.
Later on that day, Kiche and White Fang strayed into the edge of the woods next to the camp.
The leaders sat amongst the box-wood, and took counsel together as to what they should do; while from below there surged up the buzz of voices, the shouting, the neighing of horses, and all the uproar of a great camp.
One desperate, frightened yell from the first French soldier who saw the Cossacks, and all who were in the camp, undressed and only just waking up, ran off in all directions, abandoning cannons, muskets, and horses.
At the camp Virginia found that a neat clearing had been made upon a little tableland, a palisade built about it, and divided into three parts; the most northerly of which contained a small house for herself and her father, another for von Horn, and a common cooking and eating house over which Sing was to preside.