Betekenis van:
preferred shares

Voorbeeldzinnen

1. Preferred shares
2. Of the instruments mentioned above, trust preferred securities and perpetual preferred shares are not accepted in Germany.
3. As regards the loss compensation function, Wfa's special reserve can be compared to perpetual preferred shares.
4. This immediately excluded from any comparison non-voting preference shares, profit participation rights and perpetual preferred shares.
5. Recapitalisation will take the form of subscription of ordinary shares and preference shares ensuring a preferred dividend.
6. Moreover, perpetual preferred shares did not exist in Germany at the beginning of the 1990s.
7. Once again, it can be compared in terms of its risk to perpetual preferred shares.
8. As regards perpetual preferred shares and profit participation certificates, a number of specific points should be stressed.
9. The studies describe various features of several equity capital instruments on the market (ordinary shares, dormant holdings, profit participation certificates, perpetual preferred shares, trust preferred securities and subordinated bonds) and compare them to Wfa's capital.
10. Perpetual preferred shares count as core capital in some countries but are still not accepted in Germany.
11. Perpetual preferred shares constitute original own funds (core capital) in some countries but are still not accepted in Germany.
12. Germany submitted that IB's capital is closest in nature to perpetual preferred shares, profit participation certificates and silent partnership contributions.
13. Data from the US and British markets were used for perpetual preferred shares because these instruments are not available in Germany.
14. IB's capital is therefore said to be closest in nature to perpetual preferred shares, profit participation certificates and silent partnership reserves.
15. Perpetual preferred shares constitute original own funds (core capital) in some countries but are still not accepted as such in Germany.