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non-ˈcu·mu·la·tive ADJ inv FIN

non-cumulative

non-cumulative ADJ ACCOUNT

Specialized Vocabulary
non-cumulative

Monolingual examples (not verified by PONS Editors)

English
It is composed of "core capital", which consists primarily of common stock and disclosed reserves (or retained earnings), but may also include non-redeemable non-cumulative preferred stock.
en.wikipedia.org
It's non-cumulative, meaning that if he were to take no vacation time in 2016/17, he wouldn't be entitled to 12 weeks' vacation in 2017/18 -- just six.
ubyssey.ca
The interest can either be on cumulative or non-cumulative basis, depending on the terms and conditions.
www.firstpost.com
The quarterly payments are non-cumulative.
www.fool.com.au
These types of stocks are more attractive than non-cumulative prefs where the company doesn't have to honour missed dividends.
moneyweek.com
When issuers deferred dividends on non-cumulative preferred stock, the losses were high.
www.americanbanker.com
In general, there are four different types of preferred stock: cumulative preferred, non-cumulative, participating, and convertible.
en.wikipedia.org
Dynamic rounding is non-cumulative on any number of passes and produces statistically correct results.
en.wikipedia.org
The bank's voting preferred shares will be non-cumulative, non-participating and non-convertible into common shares.
business.inquirer.net
The post-deferral losses of non-cumulative preferred stock are comparable only to losses of cumulative preferred stock deferrals followed by debt defaults.
www.americanbanker.com

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