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cumulative preferred stock

NOUN
  1. 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
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