noncumulative

Noncumulative

Applies mainly to convertible securities. Type of preferred stock on which unpaid or Omitted dividends do not accrue. Omitted dividends are, as a rule, gone forever.

Noncumulative Preferred Stock

Preferred stock for which the publicly-traded company does not need to pay all dividends. If a company misses a dividend payment for any reason, it no longer owes the dividend to noncumulative preferred stockholders. That is, all dividends that were "skipped" are treated as if they never existed. Noncumulative preferred stocks are rare because they are unattractive to preferred stock investors.

noncumulative

Of or relating to a relatively unusual kind of preferred stock on which missed dividends do not have to be made up. Compare cumulative.

单词	noncumulative
释义	noncumulative noncumulative (ˌnɒnˈkjuːmjʊlətɪv) adj (Banking & Finance) finance (of stock) not accruing unpaid dividends noncumulative Noncumulative Applies mainly to convertible securities. Type of preferred stock on which unpaid or Omitted dividends do not accrue. Omitted dividends are, as a rule, gone forever. Noncumulative Preferred Stock Preferred stock for which the publicly-traded company does not need to pay all dividends. If a company misses a dividend payment for any reason, it no longer owes the dividend to noncumulative preferred stockholders. That is, all dividends that were "skipped" are treated as if they never existed. Noncumulative preferred stocks are rare because they are unattractive to preferred stock investors. noncumulative Of or relating to a relatively unusual kind of preferred stock on which missed dividends do not have to be made up. Compare cumulative.
随便看	to let slip to let slip through one's fingers to let the cat out of the bag toletum to let up to levy a fine to levy blackmail to levy on goods and chattels to levy war toleware tol, feliks-emmanuil tol, feliks-emmanuil gustavovich tolfenamic acid tolg toli toliatti tolic to lick into shape to lick one's chops to lick the dust to lick the spittle of to lick up tolidine to lie along the shore to lie at the door of