What is the definition of Redeemable preferred stock? | Dictionary.net

REDEEMABLE PREFERRED STOCK

\ɹɪdˈiːməbə͡l pɹɪfˈɜːd stˈɒk], \ɹɪdˈiːməbə‍l pɹɪfˈɜːd stˈɒk], \ɹ_ɪ_d_ˈiː_m_ə_b_əl p_ɹ_ɪ_f_ˈɜː_d s_t_ˈɒ_k]\

Definitions of REDEEMABLE PREFERRED STOCK

1910 - Black's Law Dictionary (2nd edition)

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A type of share that is liable to be bought back by the issuers on a specific date or after a specified period of notice. Some jurisdictions prohibit the redemption if it jeopardizes the issuer?s financial health.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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