| 单词 | cumulative preference share |
| 释义 | cumulative preference share cumulative preference share noun [C] (BrE) (AmE cumulative preferred stock [U])
(Finance ) a type of share that a company issues (= sells) that gives its owner the right to receive regular payments (dividends) from the company. If the company cannot afford to make a payment on time, it has to pay the amount later when it can afford to: 5% cumulative preference shares (= ones for which you receive a 5% dividend) |
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