Quarterly Income Debt Securities - QUIDS

AAA

DEFINITION of 'Quarterly Income Debt Securities - QUIDS'

A debt instrument offering guaranteed quarterly payments directly to the shareholder by the parent company. Quarterly Income Debt Securities (QUIDS) were formed by Goldman Sachs & Co. and are sold in small denominations, generally $25. They usually are callable by the issuer in 5 years and with maturities of around 30-50 years.

INVESTOPEDIA EXPLAINS 'Quarterly Income Debt Securities - QUIDS'

Typically these are senior unsecured debt that rank above preferred securities and on the same level as other unsubordinated and unsecured debt. These securities were made to be similar to Trust Preferred Securities but excluding the trust.

RELATED TERMS
  1. Debenture

    A type of debt instrument that is not secured by physical assets ...
  2. Interest

    1. The charge for the privilege of borrowing money, typically ...
  3. Maturity

    The period of time for which a financial instrument remains outstanding. ...
  4. Quarterly Income Preferred Securities ...

    Shares that are an interest in a limited partnership that exists ...
  5. Preferred Stock

    A class of ownership in a corporation that has a higher claim ...
  6. Deductible

    1. The amount you have to pay out-of-pocket for expenses before ...
Related Articles
  1. Taxes

    IRA Contributions: Deductions and Tax ...

  2. Bonds & Fixed Income

    Corporate Bonds: An Introduction To ...

  3. Investing

    What's the difference between bills, ...

  4. Investing

    Why do companies issue debt and bonds? ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center