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Definition of Cumulative preferred stock
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 Stock
Literary usage of Cumulative preferred stock
Below you will find example usage of this term as found in modern and/or classical literature:
1. 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, ..."
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. The Financial Policy of Corporations by Arthur Stone Dewing (1920)
"A reorganization was consummated in which the preferred stockholders exchanged
this 8 per cent cumulative preferred stock for half the par value in new 5 ..."
4. 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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