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