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ARPS
(redirected from Auction rate preferred stock)

   Also found in: Financial 0.01 sec.
AcronymDefinition
ARPSAdvanced Regional Prediction System
ARPSAuction Rate Preferred Stock
ARPSAdjustable Rate Preferred Stock
ARPSAssociate of the Royal Photographic Society
ARPSAverage Revenue Per Subscriber
ARPSAdvanced Radar Processing System
ARPSAlcohol Related Problems Survey
ARPSAdvanced Radioisotope Power Systems
ARPSAssociation of Railway Preservation Societies
ARPSArmy Reserve Pre-Positioned Sets
ARPSASMIS Retrieval and Processing System
ARPSAcoustic Range Prediction System
ARPSAugmented Real-Time Processing System
ARPSAutomated Records Processing System
ARPSAsteroids and Remote Planets Section (British Astronomical Association)
ARPSAtmospheric Research Program Staff (EPA)
ARPSAmherst Receiver Processor System


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Auction rate preferred stocks are actually money-market instruments, since the dividend is reset every 49 days through a Dutch auction.
3) Initial growth of the auction rate preferred stock market was so rapid that the total dollar value of new auction rate issues exceeded the amount of convertible preferred stock and fixed rate preferred issued in 1987 (Houston and Houston |6~).
NYSE:DSM) authorized each Fund to redeem up to 25 percent of its auction rate preferred stock ("ARPS"), subject to market, regulatory and other conditions and factors.
 
 
 
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