cumulative preference share


cumulative preference share

a share issued on terms such that should the dividend in any year or years be not paid in whole or in part, the right to receive the unpaid monies remains.

Australian English dictionary. 2014.

Look at other dictionaries:

  • cumulative preference share — ➔ Share * * * cumulative preference share UK US noun [C] (US cumulative preferred stock) ► FINANCE, STOCK MARKET a type of share that gives its owner the right to receive a set amount of money as a dividend. If this money cannot be paid in time,… …   Financial and business terms

  • cumulative preference share — A type of preference share that entitles the owner to receive any dividends not paid in previous years. Companies are not obliged to pay dividends on preference shares if there are insufficient earnings in any particular year. Cumulative… …   Accounting dictionary

  • cumulative preference share — A type of preference share that entitles the owner to receive any dividends not paid in previous years. Companies are not obliged to pay dividends on preference shares if there are insufficient earnings in any particular year. Cumulative… …   Big dictionary of business and management

  • cumulative preference share — /ˌkju:mjυlətɪv pref(ə)rəns ʃeə/, cumulative preferred stock /ˌkju:mjυlətɪv prɪˌfɜ:d stɒk/ noun a preference share which will have the dividend paid at a later date even if the company is not able to pay a dividend in the current year …   Dictionary of banking and finance

  • cumulative preference share — noun a preference share whose annual fixed rate dividend, if it cannot be paid in any year, accrues until it can …   English new terms dictionary

  • non-cumulative preference share — A preference share not having the right to dividends that were not paid in previous years. Compare: cumulative preference share …   Accounting dictionary

  • non-cumulative preference share — A preference share that does not have the right to dividends unpaid in previous years. Compare cumulative preference share …   Big dictionary of business and management

  • share — Shares represent a slice in the ownership of a company. Financial Services Glossary The authorised share capital of a company is divided into a number of equal parts. Each part is called a share. See ordinary shares, preference shares, securities …   Financial and business terms

  • share — One of a number of titles of ownership in a company. Most companies are limited by shares, enabling investors to limit their liability if the company fails to the amount paid for (or owing on) the shares. A share is a chose in action, conferring… …   Big dictionary of business and management

  • share — One of a number of titles of ownership in a company. Most companies are limited by shares, thus if a company fails an investor has a liability that is limited to the amount paid for (or owing on) the shares. A share confers on its owner a legal… …   Accounting dictionary