Home > Term: cumulative preference share (GB); cumulative preferred share (US)
cumulative preference share (GB); cumulative preferred share (US)
Preference share on which unpaid dividends accumulate until they can be paid. In the case of limited cumulative preferred shares the number of years in which dividends may accrue is limited.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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