In a smaller number of contracts in which the Treasury got so-called noncumulative preferred stock, the bank can skip dividend payments without penalty. From Wordnik.com. [Three Banks Suspend Their TARP Dividends] Reference
"noncumulative" -- meaning that the company can skip dividend payments without the obligation to make up the difference later. From Wordnik.com. [Business and financial news - CNNMoney.com] Reference
Freddie has decided to issue only perpetual, noncumulative preferred stock in the offering, this person said. From Wordnik.com. [Freddie Stock Issue in Demand] Reference
With noncumulative preferred stock, if the issuer skips a dividend payment, there is no obligation to make up for that later. From Wordnik.com. [Freddie Mac Launches] Reference
While normal scientific work is highly cumulative, acquiring a new paradigm is a noncumulative scientific change, a rupture, a break from the past. From Wordnik.com. [Scientific Revolutions] Reference
South Carolina and Arkansas retain the levy, but in each instance the amount is only one dollar, it is noncumulative, and it is payable only one or two months before the election. From Wordnik.com. [Race and Suffrage in the South Since 1940] Reference
Fannie and Freddie's response to their capital crises was to issue a ton of new "noncumulative preferred stock" -- a somewhat arcane security that, along with common stock, qualifies as "core" capital. From Wordnik.com. [How Fannie And Freddie Unloaded Their Trash] Reference
Of the 662 institutions in which Treasury had invested TARP capital as of the end of July, about 82 pay noncumulative dividends, meaning they are never liable for dividends they don't declare or pay for a particular quarter. From Wordnik.com. [TARP Collections Reach $7.3 Billion] Reference
The ratings firm is mulling an upgrade for both its B3 ratings on the noncumulative preferred securities issued by Bank of America and its Ba3 rating on the cumulative preferred securities issued by its preferred funding unit. From Wordnik.com. [Moody's May Upgrade BofA Preferred Shares] Reference
To conserve capital, IndyMac said it will defer interest payments on trust preferred securities issued by the holding company and suspend dividends on noncumulative, perpetual preferred stock issued by IndyMac Bank, its savings-and-loan subsidiary. From Wordnik.com. [IndyMac Weighs Raising Capital as It Posts Loss] Reference
The government-sponsored provider of funds for home mortgages said the sale will consist of "a larger offering of nonconvertible noncumulative perpetual preferred stock, and a substantially smaller offering of convertible non-cumulative perpetual preferred stock.". From Wordnik.com. [Freddie Mac Launches] Reference
Series B, 6. 25% noncumulative preferred shares 'A'. From Wordnik.com. [StreetInsider.com News Articles] Reference
Series O, 5. 55% noncumulative preferred shares 'AA -'. From Wordnik.com. [StreetInsider.com News Articles] Reference
Each of the depositary shares represents a 1/250th interest in a share of 8.5 percent noncumulative perpetual convertible preferred stock-Series G, the bank said. From Wordnik.com. [Columbus Business News - Local Columbus News | Business First of Columbus] Reference
The reorganization entailed holders of the company's trust preferred securities receiving shares of two series of noncumulative preferred stock in exchange for their trust preferred securities. From Wordnik.com. [Milwaukee Business News - Local Milwaukee News | The Business Journal of Milwaukee] Reference
Qualifying noncumulative and cumulative perpetual preferred stock including related surplus, iualifying minority inyrest in the equity accountspf consolidated subsidiaries, and qualifying trust preferred securities. From Wordnik.com. [Refinance 2nd Mortgage] Reference
Qualifying noncumulative and cumulative perpetual preferre stock including related surplus, quali iying inority interest in the equity accunts xf consolidated subsidiaries, c and qualifying trust preferredssecurities. From Wordnik.com. [Refinance 2nd Mortgage] Reference
Qualifying noncumulative and cumulative perpetual preferred-tock including relate pd surpis, qualifying minority interest in the cequity accounts of consolidated subsidiaries, jand qualifying t sst preferred securities. From Wordnik.com. [Refinance 2nd Mortgage] Reference
In the U.S., the Tier 1 Ratio is defined as Tier 1 Capital -- which includes common stock, retained earnings, some noncumulative preferred stock and trust preferred stock less goodwill and intangible assets -- divided by risk-weighted assets. From Wordnik.com. [SeekingAlpha.com: Home Page] Reference
The dividends on both the Series A Preference Shares and the Class B Preference Shares, which are noncumulative in the case of the Series A Preference Shares and are generally noncumulative in the case of the Class B Preference Shares, were suspended in 2009. From Wordnik.com. [TradingMarkets] Reference
's noncumulative, Series L preferreds, which trade around 38% of par value. From Wordnik.com. [Distressed Bank Investors Are Aiming for Preferred Treatment] Reference
MNRK) announced today that it has completed the public offering of its 7. 80% noncumulative convertible perpetual preferred stock previously announced on October 14, 2009. From Wordnik.com. Reference
'478 patent are material and noncumulative. From Wordnik.com. [Promote the Progress - Patent case bibliographic summaries] Reference
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