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Exit Planning
- Day Zero Guide
- Aha Planner
The Grid

Loading content…

A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

Facebook Instagram X YouTube LinkedIn

Do Not Sell or Share My Personal Information

Talk it through.

Ask me anything

Zolid AI can make mistakes.

Definition of Convertible Preferred Stock on The Grid Glossary

Convertible Preferred Stock

Published on 2024-05-22 | Last edited on 2024-05-23

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Definition

Convertible preferred stock carries the characteristics of common stock and debt. It provides a stated reasonable dividend and converts to common stock at a specified time.

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