- noncumulative
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a) Not cumulative.b) Not having an accumulating right to receive dividends unpaid in previous periods.
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noncumulative
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noncumulative — [spelling only] … English World dictionary
Noncumulative — A type of preferred stock that does not pay the holder any unpaid or omitted dividends. If the corporation chooses to not pay dividends in a given year, the investor does not have the right to claim any of those forgone dividends in the future.… … Investment dictionary
noncumulative — (ˈ) ̷ ̷ at non + adjective Etymology: non (I) + cumulative : not entitled to future payments of dividends or interest passed when normally due noncumulative stock noncumulative income bonds * * * /non kyooh myeuh leuh tiv, lay tiv … Useful english dictionary
noncumulative voting — Also called straight voting , such voting rights limit a shareholder to voting no more than the number of shares he owns for a single candidate. In noncumulative voting, a majority shareholder will elect the entire board of directors Compare… … Black's law dictionary
noncumulative voting — Also called straight voting , such voting rights limit a shareholder to voting no more than the number of shares he owns for a single candidate. In noncumulative voting, a majority shareholder will elect the entire board of directors Compare… … Black's law dictionary
noncumulative — /non kyooh myeuh leuh tiv, lay tiv/, adj. of or pertaining to preferred stock the dividends of which are skipped and not accrued. [1905 10; NON + CUMULATIVE] * * * … Universalium
noncumulative — Applies mainly to convertible securities ( convertible security). Type of preferred stock on which unpaid or Omitted dividends do not accrue. Omitted dividends are, as a rule, gone forever. Bloomberg Financial Dictionary … Financial and business terms
noncumulative — adj. does not accumulate, does not collect … English contemporary dictionary
noncumulative — non·cumulative … English syllables
noncumulative preferred stock — preferred stock whose holders must forgo dividend payments when the company misses a dividend payment. Related: cumulative preferred stock. Bloomberg Financial Dictionary … Financial and business terms
