Arrears — is a legal term for a type of debt which is overdue after missing an expected payment. It is also used (in the form in arrears) for payments that occur at the end of a period.Arrears accrue from the date on the first missed payment was due. The… … Wikipedia
cumulative dividend — ➔ dividend * * * cumulative dividend UK US noun [C] ► FINANCE, STOCK MARKET a regular payment made to the owners of cumulative preference shares: »It is common that shares with a right to a cumulative dividend obtain voting rights if the dividend … Financial and business terms
cumulative preference share — ➔ Share * * * cumulative preference share UK US noun [C] (US 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,… … Financial and business terms
arrears — or arrearages Money which is overdue and unpaid; e.g. overdue mortgage or rent payments. Term used to describe cumulative preferred stock dividends that have not been declared on time … Black's law dictionary
arrears — or arrearages Money which is overdue and unpaid; e.g. overdue mortgage or rent payments. Term used to describe cumulative preferred stock dividends that have not been declared on time … Black's law dictionary
cumulative — adj. 1 a increasing or increased in amount, force, etc., by successive additions (cumulative evidence). b formed by successive additions (learning is a cumulative process). 2 Stock Exch. (of shares) entitling holders to arrears of interest before … Useful english dictionary
Cumulative preferred stock — Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: non cumulative preferred stock. The New York Times Financial Glossary * * * cumulative preferred stock cumulative preferred stock ➔ stock1 * * * … Financial and business terms
cumulative preferred stock — preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: non cumulative preferred stock. Bloomberg Financial Dictionary * * * cumulative preferred stock cumulative preferred stock ➔ stock1 * * * A… … Financial and business terms
arrears — A liability that has not been settled by the due date. For example, cumulative preference shares entitle the shareholders to receive an annual fixed dividend. If this is not paid, the dividend is said to be in arrears and this fact must be… … Accounting dictionary
arrears — A liability that has not been settled by the due date. For example, cumulative preference shares entitle the shareholders to receive an annual fixed dividend. If this is not paid, the dividend is said to be in arrears and this fact must be… … Big dictionary of business and management
dividend in arrears — accumulated dividends on cumulative preferred stock that are deemed payable to the current holder. Bloomberg Financial Dictionary … Financial and business terms