Search Elements:
- Taxonomy
- us-gaap
- Name
- PaymentsForRepurchaseOfTrustPreferredSecurities
- Label
- Payments for Repurchase of Trust Preferred Securities
- Period Type
- duration
- Balance Type
- credit
- Type
- xbrli:monetaryItemType
- Definition
- The cash outflow to reacquire preferred stocks issued by a business trust or other special purpose entity, mainly established by a bank holding entity, to third party investors. The trust''s assets are deeply subordinated debentures of the bank holding entity. Most trust preferred securities are subject to a mandatory redemption upon the repayment of the debentures.