noncumulative
[ non-kyoo-myuh-luh-tiv, -ley-tiv ]
/ nɒnˈkyu myə lə tɪv, -ˌleɪ tɪv /
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adjective
of or relating to preferred stock the dividends of which are skipped and not accrued.
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Origin of noncumulative
First recorded in 1905–10; non- + cumulative
Words nearby noncumulative
nonconventional, noncooperation, noncorrecting, noncredit, noncritical, noncumulative, nondairy, nondecreasing, nondegradable, nondemocratic, nondenominational
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021