noncumulative
- adjective
- /ˌnɒnˈkjuːmjʊlətɪv/
- Specialized
:
no acumulativo
- The company issued noncumulative preferred shares, so missed dividends would not be paid later.
Examples
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With noncumulative dividends, shareholders cannot claim unpaid amounts from previous years.
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Investors should check if their preferred stock is noncumulative before making a purchase.
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The stock is noncumulative.
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Investors prefer noncumulative shares.
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The company issued noncumulative preferred shares, meaning that if dividends are missed, they will not be paid in the future.
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Before investing, it is crucial for investors to understand whether their preferred stock is noncumulative to avoid future losses.
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With a noncumulative dividend policy, shareholders lose the chance to receive any unpaid dividends from prior years.
Antonyms
How Cumulative
47
5.3
- Specialized
Surface Forms
Morphology
noncumulative = cumulative (transparent) = non + cumulative
Morphologically a straightforward negation of 'cumulative'; although used in a financial context, the formation is the same and the meaning follows directly.
Etymology
The word noncumulative comes from non- 'not' plus cumulative, whose root means 'to pile up' and is the same idea as accumulate. So about preferred shares, noncumulative means missed dividends do not 'add up' and are not paid later.