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cumulative preferred

n.
1.preferred stock whose dividends if omitted accumulate until paid out

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    Idiom of the Day

    new lease on life
    a renewed outlook on life
    The mechanic gave my car a new lease on life after I took it to him for repairs.



    1.
    When he
    (P) did not know
    (Q) he was nervous and
    (R) heard the hue and cry at midnight
    (S) what to do

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