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Cumulative dividends are required dividend payments made by a firm to its preferred shareholders. Cumulative dividends must be paid, even if they are paid at a later date than originally stated.
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Junior Mortgage - investopedia.com A junior mortgage might not be permitted by the holder of the initial mortgage. If there are terms in a mortgage that allow for junior mortgages to be instituted, there may be requirements the Senior Security Definition and Examples A senior security is one that ranks higher in terms of payout ranking, ahead of more junior or subordinate debt. Secured and senior debt is paid first, in the event a company runs into financial Quizlet: Learn Languages & Vocab with Flashcards - Apps on Google 04.02.2020 · Quizlet is the easiest way to practice and master what you’re learning. Create your own flashcards and study sets or choose from millions created by other students — it’s up to you. More than 50 million students study with Quizlet each month because it’s the leading education and flashcard app that makes studying languages, history, vocab and science simple and effective. And it's free