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non-cumulative
(redirected from Noncumulative preferred stock)

    Also found in: Financial 0.01 sec.
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non-cumulative [ˈnɒnˈkjuːmjʊlətɪv] ADJ → no cumulativo
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Tier 1 capital refers to capital that banks raise through issuance of common and noncumulative preferred stocks as well as their retained earnings, built up with profits from each fiscal year.
Central banks agree to seek bank capitalization through common stock by Japan Weekly Monitor
However, the court noted that a life estate in noncumulative preferred stock that paid infrequent dividends might have no value.
Third Circuit allows exclusion of asset from gross estate when only ... by Barton, Peter C. / The Tax Adviser
Noncumulative preferred stock would offer no such assurance.
Which dividends do you prefer? by Winicur, Barbara / The National Public Accountant
 
 
 
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