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nonparticipating

 - 5 dictionary results

non⋅par⋅tic⋅i⋅pat⋅ing

[non-pahr-tis-uh-pey-ting]
–adjective
1. not participating.
2. Insurance. having or imparting no right to dividends or to a distribution of surplus.

Origin:
non- + participating
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Main Entry:  nonparticipating1
Part of Speech:  adj
Definition:  not taking part in an activity; not involved
Main Entry:  nonparticipating2
Part of Speech:  adj
Definition:  not giving the right to partake in a profit or bonus
Dictionary.com's 21st Century Lexicon
Copyright © 2003-2009 Dictionary.com, LLC
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Financial Dictionary

nonparticipating

  1. Of, relating to, or being a class of preferred stock that does not have the right to participate with common stock in earnings growth through increases in dividends. Nearly all preferred stock issues are nonparticipating. Compare participating 1.

  2. Of or relating to a type of life insurance policy in which policyholders do not share in the investment successes or failures of the insurer. Compare participating 2.


Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: non·par·tic·i·pat·ing
Pronunciation: "nän-pär-'ti-s&-"pA-ti[ng]
Function: adjective
: not participating; specifically : not participating or not giving the right to participate in surplus or profit
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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