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nonparticipating business definition
- 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.
- 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.
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