法律英语词汇“NONCUMULATIVE PREFERRED STOCK”的翻译、意思、用法、释义-法律词典

单词	NONCUMULATIVE PREFERRED STOCK
释义	A type of stock that does not require the company to pay a dividend to the shareholder due to a failure to meet the financial benchmark. In the event of a missed dividend payment, the shareholder is not entitled to receive the payment at a later date.
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