nonparticipating
nonparticipating, adj. Of or relating to not taking part in something; specif., not sharing or having the right to share in profits or surpluses. — Often shortened to nonpar.
Search Results for: NONPARTICIPATING
nonparticipating preferred stock
Preferred stock that does not give the shareholder the right to additional earnings — usu. surplus common-stock dividends — beyond those stated in the preferred contract. [Cases: Corporations 156. C.J.S. Corporations § 158.]
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nonparticipating royalty
A share of production — or of the revenue from production free its costs — carved out of the mineral interest. • A nonparticipating-royalty holder is entitled to the stated share of production or cash without regard to the terms of any lease. Nonparticipating royalties are often retained by mineral-interest owners who sell their rights.
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nonparticipating fund
nonparticipating fund 无分红保险基金 指在兼卖分红保险的股份有限公司的公司资产中，无分红保险负债加无分红保险部分的盈余的和。
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nonparticipating fund ratio
nonparticipating fund ratio 无分红保险基金比率 指兼卖分红保险的股份寿险公司中，无分红保险基金对总基金的比例。
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nonparticipating life insurance
nonparticipating life insurance 无分红人寿保险 指没有保单分红且不能参加公司盈余分配的一种人寿保险。保费收入超过保险成本时所获的利润归股东，而股东同时也要承担任何损失。虽然无分红保险在投保多年后，其净保险成本比分红保险高，但保费要比分红保险低。
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mary carter agreement
Mary Carter agreement. A contract (usu. a secret one) by which one or more, but not all, codefendants settle with the plaintiff and obtain a release, along with a provision granting them a portion of any recovery from the nonparticipating codefendants. • In a Mary Carter agreement, the participating codefendants agree to remain parties to
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