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MIPS
(redirected from Monthly Income Preferred Securities)

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
MIPS
abbr.
million instructions per second

MIPS [mɪps]
n Computing
acronym for
(Mathematics & Measurements / Units) million instructions per second
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.MIPS - (computer science) a unit for measuring the execution speed of a computer's CPU (but not the whole system)MIPS - (computer science) a unit for measuring the execution speed of a computer's CPU (but not the whole system); "4 MIPS is 4,000,000 instructions per second"
computer science, computing - the branch of engineering science that studies (with the aid of computers) computable processes and structures
unit, unit of measurement - any division of quantity accepted as a standard of measurement or exchange; "the dollar is the United States unit of currency"; "a unit of wheat is a bushel"; "change per unit volume"
Translations
MIPS [mɪps] NPL ABBR =millions of instructions per secondMIPS mpl


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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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