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Cumulative preferred stock |
: preferred stock whose holders are entitled to the payment of cumulative dividends as well as current dividends before common stockholders are paid
| Based on Merriam-Webster's Dictionary of Law ©2001. Merriam-Webster, Incorporated Published under license with Merriam-Webster, Incorporated. http://www.m-w.com |
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in personam jurisdiction
the jurisdiction granted a court over persons before it that allows the court to issue a binding judgment
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