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noncumulative

American  
[non-kyoo-myuh-luh-tiv, -ley-tiv] / nɒnˈkyu myə lə tɪv, -ˌleɪ tɪv /

adjective

  1. 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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

NOTE: Annual data are noncumulative.

From Newsweek

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

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.