Meaning NONCUMULATIVE: Applies mainly to convertible securities. Type of preferred stock on which unpaid or omitted dividends do not accrue. Omitted dividends are, as a rule, gone forever
More terms such as Noncumulative in Dictionary N.
- Definition Noncurrent Asset:
- Examples Any asset that is expected to be held for the whole year, not sold or exchanged, such as real estate, machinery, or a patent noncumulative definition.
- Definition New York Cotton Exchange (NYCE):
- Examples Commodities exchange in New York trading futures and options on cotton, frozen concentrated orange juice, and potatoes, as well as interest rate, currency, and index futures and options noncumulative explain.
- Definition Net Sales:
- Examples Gross sales less returns and allowances, freight out, and cash discounts allowed noncumulative what is.
- Definition Naive Diversification:
- Examples an investor simply invests in a number of different assets in the hope that the variance of the expected return on the portfolio is lowered. In contrast, mathematical programming can be used to noncumulative meaning.
- Definition National Futures Association (NFA):
- Examples The futures industry self-regulatory organization established in 1982 noncumulative abbreviation.
