For example the median expected annual pay for a typical Fast Food Cook in the United States is $18,958 so 50% of the people who perform the job of Fast Food Cook in the United States are expected to make less than $18,958. Source: HR Reported data as of October 2015. Median $18,958.1  Salary.he annual salary for someone with the job title Fast Food Cook may vary depending on a number of factors including industry, company size, location, years of experience and level of education.
Trust-preferred security. A trust-preferred security is a security possessing characteristics of both equity and debt. A company creates trust-preferred securities by creating a trust, issuing debt to it, and then having it issue preferred stock to investors. Trust-preferred securities are generally issued by bank holding companies. The preferred stock securities issued by the trust are what are referred to as trust-preferred securities. The security is a hybrid security with characteristics of both subordinated debt and preferred stock in that it is generally very long term (30 years or more), allows early redemption by the issuer, makes periodic fixed or variable interest payments, and matures at face value.
For example, a $10m convertible preferred equity security that converts to common equity at $2/share would convert to 5 million shares of common equity if the venture capitalist chose to convert the security to common equity.