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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词条贡献者

资深译员Steven，毕业于美国一流的高级翻译学院，专注翻译各种与政府政策有关的法律文件。