Meaning NONCUMULATIVE PREFERRED STOCK: Preferred stock whose holders must forgo dividend payments when the company misses a dividend payment. Related: Cumulative preferred stock
More terms such as Noncumulative preferred stock in Dictionary N.
- Definition Next Futures Contract:
- Examples The contract settling immediately after the nearby futures contract noncumulative preferred stock definition.
- Definition Negative Pledge Clause:
- Examples A bond covenant that requires the borrower to grant lenders a lien equivalent to any liens that may be granted in the future to any other currently unsecured lenders noncumulative preferred stock explain.
- Definition No-Load Fund:
- Examples A mutual fund that does not impose a sales commission. Related: Load fund, no-load mutual fund noncumulative preferred stock what is.
- Definition Negotiated Offering:
- Examples An offering of securities for which the terms, including underwriters' compensation, have been negotiated between the issuer and the underwriters noncumulative preferred stock meaning.
- Definition NOB Spread:
- Examples spread. This is the difference in yield between Treasury notes (maturing in 2 to 10 years) and Treasury bonds (maturing in 15 or more years), which is traded using Treasury note and bond futures noncumulative preferred stock abbreviation.
