Series 79: Putable Preferred Stock

Taken from our FINRA Investment Banking Exam

Definition of the term Putable Preferred Stock...

a class of preferred stock that allows investors the right to force the issuing company to buy back their shares under conditions initially set by the company.

Since you're reading about Series 79: Putable Preferred Stock, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 79
Please Enable Javascript
to view this content!