Noncumulative
Definition, Meaning & Examples
Part of speech adjective
Quick meaning: Noncumulative is an adjective meaning Not cumulative.
Meaning
Not cumulative.
More Meanings
- (finance) Not having an accumulating right to receive dividends unpaid in previous periods.
Example Sentences
The payment consists of $3 billion in common stock for $25.35 a share as well as $6 billion in perpetual noncumulative convertible preferred stock with a 10 percent dividend and a conversion price of $31.25 a share.
There is often a sad, noncumulative pattern to working-class lives. In some professions as you get older, you rise to more responsible positions. And that was true under the old seniority-based work rules in factories.
Related Words
Related dictionary entries include nonaccumulative, noncirculative, nonemulative, unemulative, nonaccumulating, non-sequential.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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