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Debt-Like Hybrid Capital

A type of capital that consists of hybrid elements (combining both debt and equity), with significant debt features. The debt...

Equity Preferred

A preferred that has the features of equity (e.g., common stocks) without a fixed maturity date. Equity preferred stocks are...

Preferred Securities

A fixed-income security (investment) that bears certain equity-like features. It is mainly issued by large banks and insurance firms. Preferred...

Perpetual Preferred

A preferred that has no redemption date. In other words, this fixed-rate equity instrument allows the holder no participation in...

Innovative Capital

A sort of capital that is formed from, and consists of, both equity and debt components. In other words, it...

Fixed Rate Perpetual Preferred Share

A perpetual preferred share that pays a fixed dividend. The fixed dividend rate is set at a fixed monetary amount...

Fixed Rate Perpetual Preferred Stock

A perpetual preferred stock that pays a fixed dividend. The fixed dividend rate is set at a fixed monetary amount...

Fixed Rate Cumulative Preferred Share

A cumulative preferred share that pays out a fixed dividend. In other words, the share pays its dividends based on...

Fixed Rate Cumulative Preferred Stock

A cumulative preferred stock that pays out a fixed dividend. In other words, the stock pays its dividends based on...

Debt-Like Convertible Security

A convertible that is a debt security embedded with a feature of conversion into equity. Debt-like convertible securities are classified...