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Definition of Cumulative preferred
1. Noun. Preferred stock whose dividends if omitted accumulate until paid out.
Generic synonyms: Preference Shares, Preferred Shares, Preferred Stock
Lexicographical Neighbors of Cumulative Preferred
Literary usage of Cumulative preferred
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Financial Policy of Corporations by Arthur Stone Dewing (1920)
"<- recently reorganized railroads have preferred stock bearing non-cumulative
preferred dividends up to a certain time and cumulative dividends thereafter. ..."
2. A Manual of Corporate Organization: Containing Information, Directions and by Thomas Conyngton (1913)
"Usually a non- cumulative preferred stock is not a desirable holding. Its existence
is a standing inducement to the improper passing of dividends. ..."
3. Business Ownership Organization by Archibald Herbert Stockder (1922)
"FORM 19 NON-cumulative preferred STOCK Said preferred stock shall entitle the
holders to receive in each year a dividend of eight per cent, ..."
4. Corporation Accounting by Robert Joseph Bennett (1916)
"Where cumulative preferred stock exists, no dividends may be paid upon the common
... In fact, non-cumulative preferred stock offers a temptation to the ..."
5. Corporation Accounting by Robert Joseph Bennett (1916)
"Where cumulative preferred stock exists, no dividends may be paid upon the common
... In fact, non-cumulative preferred stock offers a temptation to the ..."
6. Corporation Procedure: Law, Finance, Accounting by Thomas Conyngton, Robert Joseph Bennett, Paul Whittier Pinkerton, Hugh Ronald Conyngton (1922)
"Such a stock is the 6% non-cumulative preferred stock of the International ...
Another similarly desirable non-cumulative preferred stock is that of the ..."
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