TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PURCHASE FUND [1 record]

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Filter results by subject field

Alphabetical list of terms

Record 1 1991-11-14

English

Subject field(s)
  • Investment
  • Stock Exchange
CONT

Many redeemable Canadian preferred shares have a purchase fund built into their terms. With this feature the company agrees to retire through purchases in the open market a specified amount of preferred each year if stock is available at or below a stipulated price.

French

Domaine(s)
  • Investissements et placements
  • Bourse
CONT

Un bon nombre d'actions privilégiées canadiennes rachetables comportent une disposition de «fonds de rachat». En vertu de cette disposition, la compagnie s'engage à rembourser, au moyen d'achats sur le marché public, un montant déterminé d'actions privilégiées chaque année si ces actions sont disponibles à un prix stipulé ou à un prix inférieur à celui-ci.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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