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Design guidelines are hard to come by on the Web because they are often proprietary in nature and closely guarded.
Convertible Preferred Stock
A type of preferred stock that holders can convert into a specified number of common shares, usually at any time after a predetermined date.
Preferred Stock Conversion
The process by which holders of preferred shares can convert their stocks into a predetermined number of common shares, often under specific conditions.
Dividends in Arrears
Dividends on cumulative preferred stock that have not been declared or paid for the current or previous periods, accumulating until they are paid out.
Cumulative Preferred Stock
A type of preferred stock that entitles its holders to receive dividends that have been missed in previous payments before any dividends can be issued to other types of shareholders.
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