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Investing Glossary:
Participating convertible preferred stock
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Participating convertible preferred stock
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| Definition: |
| Preferred Stock that can be converted into Common stock at the option of the holder. In contrast, to the usual preferred stock, the value of the Preferred stock is refunded to the holder. That is, one gets Conversion plus the value of the stock.
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