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mips
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mips

In computing, a measure of the speed of a processor. It does not equal the computer power in all cases.



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involving securities similar to trust-preferred securities (referred to as monthly income preferred securities (MIPS)).
9 7/8% Cumulative Monthly Income Preferred Securities, Series A (the "Series A MIPS") (NYSE: ME-PrA, CUSIP 605034206) and 8 1/2% Cumulative Monthly Income Preferred Securities, Series B (the "Series B MIPS") (NYSE ME-PrB, CUSIP 605034305) for a redemption price of 100% of the principal amount, plus accrued interest to the redemption date.
With respect to the seventh factor, many MIPS are now identified as Monthly Income Preferred Securities.
 
 
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