Korean slang profile

RCPS

An abbreviation for preferred shares combining rights to convert into another class of shares and rights concerning redemption.

Expanded form: 전환상환우선주전환상환우선주 (convertible redeemable preferred shares)
Other spellings: —
Earliest source found: Feb 25, 2021
Documented trend period: Not verified

This is the earliest source we have verified, not the date the term was coined.

01Examples, with English translations

Example by Julimmal
투자 계약서에서 RCPS의 전환 조건을 찾아봤어.
I looked up the RCPS conversion conditions in the investment contract.

02Documented history

February 2021아이뉴스24 gave ‘전환상환우선주’ alongside RCPS while covering corporate financing.[1]
Publication date unconfirmedA Financial Services Commission press release explained the structures of convertible bonds, bonds with warrants, and redeemable convertible preferred shares.[2]

03Origin & word formation

아이뉴스24 gives RCPS alongside ‘전환상환우선주’ (convertible redeemable preferred shares). The product structure was supplemented from the Financial Services Commission’s terminology explanation. Who first used the abbreviation and when could not be established.

Evidence for the origin explanationMedium

The article’s Korean explanation was compared with the Financial Services Commission’s structural explanation. The commission’s page lacks publication metadata, so no date was entered.

04Sources

Original titles and links are preserved. An English translation does not replace the original source.

주가 올라도 울상인 기업들…메자닌 평가손실에 실적 타격 (아이뉴스24)Published Feb 25, 2021Original source checked Nov 13, 2026
보도자료 - 위원회 소식 - 알림마당 - 금융위원회 (금융위원회)Original source checked Nov 13, 2026