noncumulative stock
1stock — The goods and wares of a merchant or tradesman, kept for sale and traffic. In a larger sense, the capital of a merchant or other person, including his merchandise, money, and credits, or, in other words, the entire property employed in business.… …
2noncumulative — (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 …
3Noncumulative — 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.… …
4stock — stocklike, adj. /stok/, n. 1. a supply of goods kept on hand for sale to customers by a merchant, distributor, manufacturer, etc.; inventory. 2. a quantity of something accumulated, as for future use: a stock of provisions. 3. livestock. 4. Theat …
5noncumulative preferred stock — preferred stock whose holders must forgo dividend payments when the company misses a dividend payment. Related: cumulative preferred stock. Bloomberg Financial Dictionary …
6noncumulative dividends — Dividends on preferred stock which do not cumulate upon omission of payment so as to require payment of a passed or omitted dividend of one year out of earnings of a following year. 19 Am J2d Corp § 878. The term means that dividends on non… …
7noncumulative — /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] * * * …
8noncumulative — 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 …
9Preferred stock — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
10Monthly income preferred stock — This article is about the financial instrument. For other uses, see MIPS. Monthly income preferred stock or MIPS is a hybrid security created by Eli Jacobson[1], a Sullivan Cromwell tax partner, and introduced to the market by Goldman Sachs in… …
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