TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

NON-CUMULATIVE PREFERENTIAL SHARES [1 record]

Record 1 2010-10-06

English

Subject field(s)
  • Stock Exchange
  • Investment
  • Financial and Budgetary Management
DEF

A class of preferred capital stock in which the right to a dividend lapses if not paid for a specified period, usually one year.

French

Domaine(s)
  • Bourse
  • Investissements et placements
  • Gestion budgétaire et financière
DEF

Actions, habituellement de la catégorie des actions privilégiées, donnant droit à un dividende non cumulatif, droit qui devient caduc, après chaque exercice si le dividende est omis ou s'il n'est pas distribué au cours de cet exercice.

Spanish

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