When you buy preferred shares, you own a piece of the company and in exchange receive fixed dividend payments
set at issuance with the par value of the preferred stock.
Not exact matches
A new record, of $ 1.5 billion, was
set for
issuance at a single maturity in the June quarter.
Each health plan comes with specific
set of riders that can be purchased
at the time of policy
issuance.
ABN AMRO on the other hand is looking
at how blockchain smart contracts can be applied to problems in trade finance and transaction banking e.g. how the technology can facilitate
issuance of letters of credit, in which a bank guarantees that a buyer's payment will be received according to the agreed
set of conditions.