GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
18:21 Sep 30, 2020 |
Arabic to English translations [PRO] Marketing - Accounting | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
Selected response from: Ahmed Badawy Saudi Arabia Local time: 22:13 | |||||||
Grading comment
|
Summary of answers provided | ||||
---|---|---|---|---|
5 +3 | Callable Preferred Stock |
| ||
4 | Redeemable preferred shares/stocks |
|
Callable Preferred Stock Explanation: Callable preferred stock is a type of preferred stock in which the issuer has the right to call in or redeem the stock at a pre-set price after a defined date. Callable preferred stock terms, such as the call price, the date after which it can be called, and the call premium (if any) are all defined in the prospectus. However, callable preferred share terms laid at the time of issuance cannot be changed later. https://www.investopedia.com/terms/c/callablepreferredstock.... |
| ||
Notes to answerer
| |||