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Noncumulative definitions
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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.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosn.htm
Noncumulative
Applies mainly to convertible securities. Type of preferred stock on which unpaid or omitted dividen
Found on
http://www.encyclo.co.uk/local/22402
noncumulative
of or pertaining to preferred stock the dividends of which are skipped and not accrued.
Found on
https://www.infoplease.com/dictionary/noncumulative
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