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Preferred Security

A type of fixed-income securities with equity-like features mainly issued by large financial institutions such as banks, insurance firms, etc....

TruPS

It stands for trust preferred security; a preferred (preferred security) that, as a form of hybrid security (a hybrid investment...

Trust Preferred Securities

A preferred (preferred security) that, as a form of hybrid security (a hybrid investment instrument), represents a debt issued by...

Trust Issued Preferred

A preferred that is issued through a subsidiary trust to effectively modify the nature of the non-tax deductible dividend arising...

Trust Structured Preferred

A preferred that is issued through a subsidiary trust to effectively modify the nature of the non-tax deductible dividend arising...