Business / Finance / Noncumulative: Applies mainly to convertible securities. Type of preferred stock on which unpaid or omitted dividends do not accrue. Omitted dividends are, as a rule, gone forever.
Business / Real Estate / Noncumulative Zoning: Zoning that allows only the stated use and not more restrictive uses. MORE
Business / Finance / Noncumulative Preferred Stock: Preferred stock whose holders must forgo dividend payments when the company misses a dividend payment. Related: Cumulative preferred stock. MORE