Cumulative-Dividend Preference: The rights of preferred stockholders to receive current dividends plus all dividends in arrears before common stockholders receive any dividends. current assets: Cash and other assets that may reasonably be expected to be converted to cash within a year or during the normal operating cycle.

 

Related Words

Cumulative-Dividend Preference: The rights of preferred stockholders to receive current dividends plus all dividends in arrears before common stockholders receive any dividends. current assets: Cash and other assets that m . . . View Full Definition

Preference Shares: This is a type of share issued by a limited company. It carries a medium risk but has the advantage over ordinary shares in that preference shareholders get the first slice of the dividend ' . . . View Full Definition

Preference: Refers to over-the-counter trading. Selection of a dealer to handle a trade despite the dealer's market not being the best available. Often the 'preferenced dealer' will then move his market in line.

Preference Stock: A security that ranks junior to preferred stock but senior to common stock in the right to receive payments from the firm; essentially junior preferred stock.

Preferences: Options a user can set to determine how they want to receive your messages, how they want to be addresses, to which email address message should go and which messages they want to receive fr . . . View Full Definition

Tax Preference Item: Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer.

Liquidity Preference Hypothesis: The argument that greater liquidity is valuable, all else equal. Also, the theory that the forward rate exceeds expected future interest rates.

Involuntary Liquidation Preference: A premium that must be paid to preferred or preference stockholders if the issuer of the stock is forced into involuntary liquidation.

Cargo Preference Act: P.L. 83-644 (August 26, 1954), as amended, contains permanent legislation concerning the transportation of waterborne cargoes in U.S.-flag vessels. The Act requires that 75% of the volume of . . . View Full Definition

Current-Dividend Preference: The right of preferred shareholders to receive current dividends before common shareholders receive dividends.