CUMULATIVE PREFERRED

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

Preferred stock whose dividends if omitted accumulate until paid out

Synonyms:

cumulative preferred; cumulative preferred stock

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("cumulative preferred" is a kind of...):

preference shares; preferred shares; preferred stock (stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights)

Credits