cumulative
DefinitionAn arrangement in which a payment not made when due is carried over to the following period. In business, this usually refers to payments to preferred stockholders and bondholders. If these payments are not made in the period in which they are incurred, then they accrue to the preferred stock or bond holder. Before any payments are made to common stockholders, the preferred stockholders and bondholders must be paid.
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cumulative is ...
... part of the Accounting subject.
... part of the Accounting subject.
Related Terms
cumulative appears in these other terms
cumulative total return, cumulative voting
cumulative appears in the definitions of these other terms on BusinessDictionary.com
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