Non Participating Preferred Stock Law and Legal Definition
This is a class of preferred stock that does not give the shareholder the right to additional earnings like the surplus common-stock dividends beyond those stated in the preferred contract. It pays only a fixed dividend regardless of the profitability of the company.
Legal Definition list
Related Legal Terms
- 19c3 Stock
- Ab Abusu Ad Usum Non Valet Consequentia
- Ab Assuestis Non Fit Injuria
- Absoluta Sententia Expositore Non Indiget
- Accessorium Non Ducit Sed Sequitur Suum Principale
- Actus Me Invite Factus Non Est Meus Actus
- Actus Non Facit Reum Nisi Mens Sit Rea
- Ad Quaestiones Facti Non Respondent Judices; Ad Quaestione Legis Non Respondent Juratores
- Adjustable Rate Preferred Stock
- Administration De Bonis Non
