Business, Legal & Accounting Glossary
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 (NoteThe US term is cumulative preferred stock.) 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
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This glossary post was last updated: 20th November, 2021 | 0 Views.