Ballentine's law dictionary. Anderson, W.S.. 1998.
Noncumulative — 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.… … Investment dictionary
noncumulative — (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 … Useful english dictionary
noncumulative — 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 … Financial and business terms
noncumulative — /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] * * * … Universalium
noncumulative — adjective a) Not cumulative. b) Not having an accumulating right to receive dividends unpaid in previous periods … Wiktionary
ДИВИДЕНДЫ НЕКУМУЛЯТИВНЫЕ — NONCUMULATIVE DIVIDENDSДивиденды по некумулятивной привилегированной акции. Если дивиденды не выплачиваются в установленные сроки в связи с низкими доходами, они не считаются задолженностью и корпорация не обязана производить их выплату в… … Энциклопедия банковского дела и финансов
non 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… … Black's law dictionary
non 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… … Black's law dictionary
tier 1 capital — A regulatory definition of bank capital. Tier 1 capital consists of common shareholders equity, perpetual preferred shareholders equity with noncumulative dividends, retained earnings, and minority interests in the equity accounts of consolidated … Financial and business terms
stock — 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.… … Black's law dictionary
