[ non-kyoo-myuh-luh-tiv, -ley-tiv ]
/ nɒnˈkyu myə lə tɪv, -ˌleɪ tɪv /
of or relating to preferred stock the dividends of which are skipped and not accrued.
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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020