ZDPS

ZDPS
abbreviation
zero dividend preference shares

Dictionary of banking and finance. 2015.

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  • zero dividend preference share — /ˌzɪərəυ ˌdɪvɪdend pref(ə)rəns ʃeəz/ noun a bond which pays no dividend, but has a fixed term and a fixed redemption price, which is a little higher than the redemption price on similar gilts though the redemption price is not in fact guaranteed …   Dictionary of banking and finance

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