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Noncumulative

adj

Definitions

Adjective
  1. 1
    Not cumulative. not-comparable

    "There is often a sad, noncumulative pattern to working-class lives. In some professions as you get older, you rise to more responsible positions. And that was true under the old seniority-based work rules in factories."

  2. 2
    Not having an accumulating right to receive dividends unpaid in previous periods. not-comparable

    "The payment consists of $3 billion in common stock for $25.35 a share as well as $6 billion in perpetual noncumulative convertible preferred stock with a 10 percent dividend and a conversion price of $31.25 a share."

Etymology

From non- + cumulative.

See also for "noncumulative"

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