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noncumulative

American

[non-kyoo-myuh-luh-tiv, -lay-tiv] / nɒnˈkju mjə lə tɪv, -ˌleɪ tɪv /

adjective

of or relating to preferred stock the dividends of which are skipped and not accrued.

Etymology

Origin of noncumulative

First recorded in 1905–10; non- + cumulative

Example Sentences

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noncumulative

Stride is the only one of the four that is noncumulative, meaning that the issuer doesn’t need to make up for missed dividends.

From Barron's ● Nov. 21, 2025

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023