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. |
Similar financial terms
Non-cumulative preferred stockPreferred stock whose holders must forgo dividend payments when the company misses a dividend payment.
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.
Voting rights
The right to vote on matters that are put to a vote of security holders. For example the right to vote for directors.
Straight voting
A shareholder may cast all of his votes for each candidate for the board of directors.
Majority voting
Voting system under which each director is voted upon separately.
Block voting
A group of shareholders banding together to vote their shares in a single block.
