NONPARTICIPATING
\nˌɒnpɑːtˈɪsɪpˌe͡ɪtɪŋ], \nˌɒnpɑːtˈɪsɪpˌeɪtɪŋ], \n_ˌɒ_n_p_ɑː_t_ˈɪ_s_ɪ_p_ˌeɪ_t_ɪ_ŋ]\
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The sale of preferred stock by the company is considered a 'nonparticipating' investment. The stockholder is eligible for dividend payments and the cost to initiate the fund, in addition to receiving the price of the current stock value.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).