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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
Cumulative Preference Shares PREFERENCE SHARES whose dividends accumulate until such time as the company is in a position to declare dividends. The accumulated dividends of the preference shares are to be paid first; only then can dividend for equity shareholders be paid. These preference shares may have a clause guaranteeing their conversion into equity shares at par after a stated number of years.
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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
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