| Arrearage | |
 An amount on a loan, cumulative preferred stock, or any credit instrument that is overdue. Also referred to as "Arrears." |
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 In the case of a preferred dividend, if the dividend is not paid for any reason, it cumulates, meaning, in the future, arrearages must be paid before any dividend can be paid on common stock. |
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 Knowing Your Rights As A Shareholder - We delve into common stock owner's privileges and how to be vigilant in monitoring a company. How and Why Do Companies Pay Dividends? - Explore arguments for and against company dividend policy, and learn how companies determine how much to pay out. |
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