Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
cumulative preferred | Yes | No | No | No |
preferred shares | Yes | No | No | No |
cumulative preferred (noun) | preferred shares (noun) |
---|---|
preferred stock whose dividends if omitted accumulate until paid out | stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights |