PERQS


Also found in: Financial.
AcronymDefinition
PERQSPerformance Equity-Linked Redemption Quarterly-pay Securities
References in periodicals archive ?
At maturity, holders of the Reset PERQS will exchange each
9875 principal amount of Reset PERQS for a number of shares of Nokia
Common Stock per Reset PERQS and may be subject to adjustment if the
Convertible Note PERQS are similar to other debt securities and make fixed quarterly interest payments, in this case at an annual rate of 10% on the $1,005.
At maturity, holders of the Convertible Note PERQS will exchange each
The initial Exchange Ratio is set at 10 QUALCOMM Incorporated Common Stock per Reset PERQS and may be subject to adjustment on the First Year Determination Date and at maturity in order to cap the value of the QUALCOMM Incorporated Common Stock to be received upon delivery of the Reset PERQS.
The issuer of the Reset PERQS is Morgan Stanley Dean Witter & Co.
Redemption Quarterly-pay Securities(SM) -- or PERQS -- linked to the