noncumulative

adjective
non·​cu·​mu·​la·​tive | \ ˌnän-ˈkyü-myə-lə-tiv How to pronounce noncumulative (audio) , -ˌlā- \

Definition of noncumulative

: not cumulative especially, finance : not entitled to future payments of dividends or interest passed when normally due noncumulative stock noncumulative income bonds

First Known Use of noncumulative

1889, in the meaning defined above

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The first known use of noncumulative was in 1889

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Cite this Entry

“Noncumulative.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/noncumulative. Accessed 21 Oct. 2020.

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