Difference between revisions of "Cumulative preferred stock"
(Created page with "Cumulative preferred stock is stock that entitles its holders to any undeclared dividends that have accumulated before common stockholders receive their dividends. ==Def...") |
(No difference)
|
Revision as of 11:52, 20 December 2018
Cumulative preferred stock is stock that entitles its holders to any undeclared dividends that have accumulated before common stockholders receive their dividends.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Cumulative preferred stock. Stock that entitles its holders to any undeclared dividends that have accumulated before common stockholders receive their dividends.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.