Meaning of Puttable preferred stocks

How we at Bookkeeping Support Define the Meaning of Puttable preferred stocks:

Puttable preferred stocks are those that can be resold to the issuing company.

How AI Define the Meaning of Puttable preferred stocks:

Puttable preferred stocks: Preferred stocks that give the shareholder the right to sell the stock back to the issuer at a predetermined price.

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