callable preferred stock

Preferred stock that may be repurchased by the issuing corporation at a prestated price, usu. at or slightly above par value. [Cases: Corporations 68. C.J.S. Corporations §§ 177, 180–183.]
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译者Terris,毕业于国内一流的高级翻译学院,擅长翻译各种与政府合同相关的法律文件。
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