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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译员Matthew,毕业于英国顶尖的高级翻译学院,专注翻译各种与争议解决有关的法律文件。
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