What is another word for cumulative convertible preferred stocks?
Pronunciation: [kjˈuːmjʊlətˌɪv kənvˈɜːtəbə͡l pɹɪfˈɜːd stˈɒks] (IPA) 
Cumulative convertible preferred stocks refer to a type of investment securities that allows the holder to convert the preferred stocks into a predetermined amount of common stocks. This feature provides flexibility to investors who want to diversify their portfolio with both preferred and common stocks. Additionally, these stocks are known for their cumulative dividend feature, which means that missed dividend payments will accumulate and be paid in the future. Synonyms of cumulative convertible preferred stocks include convertible preference shares, cum-preferred shares, and cumulative preferred convertible stock. These securities are often issued by companies with a strong financial standing and stable cash flow, making them an attractive investment option for risk-averse investors.
