Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Non-cumulative is relevant to preferred stock, or preference shares.

Non-cumulative definition

Non-cumulative is relevant to preferred stock, or preference shares.

Preferred shares are usually issued with a stated dividend rate (a fixed amount in currency or as a percentage of the par value). However, non-cumulative preferred shareholders are not entitled to claim any dividends if the company does not make a payout at all.

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