noncumulative

adjective

non·​cu·​mu·​la·​tive ˌnän-ˈkyü-myə-lə-tiv 

-ˌlā-

: not cumulative

especially, finance : not entitled to future payments of dividends or interest passed when normally due

noncumulative stock

noncumulative income bonds

Example Sentences

Recent Examples on the Web

The Trump administration said the act only requires consideration of direct, noncumulative impacts, which effectively took climate change off the table. —Andrea Thompson, Scientific American, 2 Dec. 2020

Word History

First Known Use

1889, in the meaning defined above