noncumulative stock
11voting stock rights — The stockholder s right to vote his stock in the affairs of his company. Most common shares have one vote each. Preferred stock usually has the right to vote when preferred dividends are in default for a specified period. The right to vote may be …
12business organization — Introduction an entity formed for the purpose of carrying on commercial enterprise. Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation. Business enterprises… …
13привилегированные акции — Класс акций на акционерный капитал (capitalstock), по которым выплачиваются дивиденды по определенной ставке и которые имеют преимущество перед обыкновенными акциями при выплате дивидендов и ликвидации активов. Привилегированные акции обычно не… …
14cumulative voting — Type of voting in which a stockholder may cast as many votes for directors as he has shares of stock multiplied by the number of directors to be elected. The stockholder may cast all his votes for one or more but fewer than all the directors on… …
15non culpabilis — /non kalpeybalas/ In pleading, not guilty. It is usually abbreviated non cul. Noncumulative dividends. Commonly incident to preferred stock if a dividend is passed (not paid) in a particular year or period; such passed dividends are gone forever… …
16cumulative voting — Type of voting in which a stockholder may cast as many votes for directors as he has shares of stock multiplied by the number of directors to be elected. The stockholder may cast all his votes for one or more but fewer than all the directors on… …
17non culpabilis — /non kalpeybalas/ In pleading, not guilty. It is usually abbreviated non cul. Noncumulative dividends. Commonly incident to preferred stock if a dividend is passed (not paid) in a particular year or period; such passed dividends are gone forever… …
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