noncumulative [ˏnɔn'kju:mjulәtiv]
不[非]累积的
- For each remaining share outstanding, Baytree said it would pay an $8, five-year, 10% noncumulative senior convertible debenture, convertible into two common shares of the surviving company.
- In New York, NatWest expects to raise $200 million in the form of noncumulative perpetual preference shares.