Monthly Income Preferred Security (MIP) Daniel Guidotti 14 years ago Monthly Income Preferred Security (MIP)Investments typically originating in tax havens. Takes the form of preferred stock issued by subsidiaries located in such areas, to generate funds that are subsequently loaned to the parent organization.Recommended for you:Preferred Stock Preferred Equity Redemption Stock (PERC) Non-Cumulative Preferred Stock Cumulative Preferred Stock