Noncumulative Definition and Examples.

The term “noncumulative” refers to a type of preference stock in which the holder is not entitled to any missed dividends. Noncumulative preference shares are typically issued by companies that have a history of dividend payments, but may occasionally skip a dividend payment. For example, if a company pays dividends quarterly and misses a payment … Read more

Ankle Biter Definition.

The term “Ankle Biter” is a slang term used to describe a small, aggressive dog. The term is often used to describe a trader who is quick to take profits, or a trading strategy that is designed to take small, quick profits. Is biter a Scrabble word? Biter is not a Scrabble word. Is Ro … Read more

What is a currency?

We have heard of the term forex many times, especially in the financial arena. When we speak of currency, we refer to any official foreign currency that is different from ours. In the case of Spain, the dollar, the British pound, the yen, the Swiss franc … are examples of foreign currencies. Therefore, the Euro … Read more