callable preferred stock

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 ¡ì¡ì 177, 180¨C183.]
What is the legal equivalence of callable preferred stock in Chinese?
TermBase About LegalLingo
LegalLingo, a Shanghai-based translation agency, is a recognized leader in comprehensive legal language solutions for the legal industry. We provide the world’s leading law firms and corporate legal teams with a full suite of services, ranging from the translation of contracts and compliance documentation to full-scale multilingual litigation requiring certified translation and Chinese document review. We deliver customized legal document translation solutions based on your case’s size and budget requirements, utilizing industry-leading technology to ensure accuracy, lower costs and faster turnaround times.