A preferred stock that allows the issuer to repurchase the issued stock at a predetermined price. The right to repurchase is usually exercised when market rates fall below the preferred stock rate at time of issue. A firm issues this type of stock to protect itself from obligations to pay guaranteed dividends in the future.
Related information about callable preferred stock:
- Callable Preferred Stock Definition | Investopedia
A type of preferred stock that carries the provision that the issuer has the right to call in the stock at a certain price and retire it. Also known as "redeemable ...
- Callable Preferred Stock Definition & Example | InvestingAnswers
We explain the definition of Callable Preferred Stock, provide a clear example of how it works and explain why it's an important concept in business, finance ...
- Callable Preferred Stock - Financial Dictionary - The Free Dictionary
A preferred stock that the issuing company may redeem under certain, stated circumstances. That is, the company may require the callable preferred stock to be ...
- What Are Callable Preferred Stocks? | eHow.com
The terms of callable preferred stock, also known as redeemable preferred stock, are defined at the time of issuance. The call price, the timing of call notification ...
- callable preferred stock - Invest Definition
callable preferred stock definition: Preferred stock that can be retired or redeemed at the option of the issuing corporation at the price stated in the preferred stock ...
- Callable Preferred Stock - Equity Securities Classification ...
Callable preferred stock is issued with the option of being repurchased by the company sometime in the future. This is favorable for a company. If preferred stock ...
- Callable Preferred Stock: Definition from Answers.com
Callable Preferred Stock A type of preferred stock that carries the provision that the issuer has the right to call in the stock at a certain price and.
- Why you should avoid preferred stocks - CBS News
Apr 20, 2012 ... This isn't the case with callable preferred stock: If rates rise, the price of the preferred stock will likely fall; If rates fall, the issuer will likely call the ...