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