noncumulative
adjEtymology From non- + cumulative.
1
Not cumulative.
- There is often a sad, noncumulative pattern to working-class lives. In some professions as you get older, you rise to more responsible positions. And that was true under the old seniority-based work rules in factories.2016 September 20, David Brooks, “Dignity and Sadness in the Working Class”, in The New York Times:
2
Business, Finance Not having an accumulating right to receive dividends unpaid in previous periods.
- The payment consists of $3 billion in common stock for $25.35 a share as well as $6 billion in perpetual noncumulative convertible preferred stock with a 10 percent dividend and a conversion price of $31.25 a share.2008 September 29, Louise Story, “Morgan Stanley Completes Mitsubishi Deal”, in The New York Times:
- Derived terms
- noncumulatively