NOUN
- preferred stock whose dividends if omitted accumulate until paid out
How To Use cumulative preferred stock In A Sentence
- Similarly, Fannie Mae issued $9 billion in new noncumulative preferred stock in 2007. How Fannie And Freddie Unloaded Their Trash
- In a smaller number of contracts in which the Treasury got so-called noncumulative preferred stock, the bank can skip dividend payments without penalty. Three Banks Suspend Their TARP Dividends
- Fannie and Freddie's response to their capital crises was to issue a ton of new "noncumulative preferred stock" -- a somewhat arcane security that, along with common stock, qualifies as "core" capital. How Fannie And Freddie Unloaded Their Trash