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Answer in one sentence. What are cumulative preference shares? - Secretarial Practice

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प्रश्न

Answer in one sentence.

What are cumulative preference shares?

What is meant by cumulative preference shares?

अति संक्षिप्त उत्तर
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उत्तर

Cumulative preference shares are those shares on which dividend goes on accumulating (adding).

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Sources of Owned Capital - Shares
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