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What does MIPS stand for?

MIPS stands for Monthly Income Preferred Shares (financial product developed in 1993)

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of MIPS

Other Resources:
We have 81 other meanings of MIPS in our Acronym Attic

Samples in periodicals archive:

In May 1998, the Enron Corporation fried a Tax Court petition contesting the IRS's disallowance of a deduction for interest payments on a monthly income preferred shares (MIPS) transaction.
166667 on the Enron Capital LLC 8% Cumulative Guaranteed Monthly Income Preferred Shares for the month of February, payable Feb.
166667 on the Enron Capital LLC 8% Cumulative Guaranteed Monthly Income Preferred Shares for the month of May, payable May 31, 2000 to stockholders of record as of May 30, 2000.
3, 1996--Parker & Parsley Petroleum Company ("Parker & Parsley") (NYSE:PDP) announced that Moody's Investors Service has upgraded the Company's senior debt ratings from Ba2 to Baa3 and its subsidiaries monthly income preferred shares (MIPs) from "b1" to "ba2.