redeemable preferred stock
Definition
Type of stock (shares) that is liable to be bought back by the issuing firm on a specified date or after a specified period of notice. Corporate legislation in some jurisdictions prohibits the redemption if it jeopardizes the financial health of the issuer.
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redeemable preferred stock is in the Accounting & Auditing, Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.
redeemable preferred stock appears in the definitions of the following terms: capital reorganization and redeemable preference shares
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