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单词 cumulative preference share
释义
  • Business

cumulative preference sharenoun [ C ]

ukusUS cumulative preferred stock

FINANCE, STOCK MARKET 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.
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更新时间:2025/1/24 1:02:01