These are word's definitions related to cumulative-preference-share. Click on any word to go to its word's detail page. Or, go to the definition of cumulative-preference-share.
0 a type of share that gives its owner the right to receive a set amount of money as a dividend. If this money cannot be paid in time, it must be paid later, and before any money is paid to owners of ordinary shares:
The holders of cumulative preference shares are entitled to recover the arrears of preference dividend before any dividend is paid on equity shares.
