Trust Preferred Securities - TruPS - A security with similarities to debentures and preferreds. TruPS are generally are longer-term investments with early redemption features for the issuer, fixed interest payments made quarterly, and they mature at a face value.
Trust Preferred Securities - TruPS : a security with similarities to debentures and preferreds. trups are generally are longer-term investments with early redemption features for the issuer, fixed interest payments made quarterly, and they mature at a face value.