cumulative preference share

cumulative liability
cumulative dividend

Definition

noun
a preference share which will have the dividend paid at a later date even if the company is not able to pay a dividend in the current year
(NoteThe US term is cumulative preferred stock.)

Recommended Articles from InvestorGuide.com

Related Videos

Nearby Terms

Popular 'Banking' Terms

Related Terms

Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ