Cum
When appended to the share price, this means “including”. Thus a share price quoted cum dividend (or cum div), implies that you will receive the next, and announced, dividend if you buy the shares. |
Similar financial terms
Cum dividendPhrase used to indicate that a stock is selling with a recently declared right or dividend.
Accumulated Benefit Obligation (ABO)
An approximate measure of the liability of a plan in the event of a termination at the date the calculation is performed. Related: projected benefit obligation.
Non-cumulative preferred stock
Preferred stock whose holders must forgo dividend payments when the company misses a dividend payment.
Cum rights
With rights.
Cumulative abnormal return (CAR)
Sum of the differences between the expected return on a stock and the actual return that comes from the release of news to the market.
Cumulative dividend feature
A requirement that any missed preferred or preference stock dividends be paid in full before any common dividend payment is made.
Cumulative preferred stock
Preferred stock whose dividends accrue, should the issuer not make timely dividend payments.
Cumulative probability distribution
A function that shows the probability that the random variable will attain a value less than or equal to each value that the random variable can take on.
Cumulative Translation Adjustment (CTA) account
An entry in a translated balance sheet in which gains and/or losses from translation have been accumulated over a period of years. The CTA account is required under the FASB No. 52 rule.
Cumulative voting
A system of voting for directors of a corporation in which shareholder's total number of votes is equal to his number of shares held times the number of candidates.
Encumbrance
Anything that affects or limits the fee simple title to a property, such as mortgages, leases, easements, or restrictions.
