英语语法分析

Specifically, Lehman will offer three million shares of noncumulative perpetual convertible preferred stock.

雷曼兄弟此次将发售三百万股非累积永久性可转换优先股。

If this happens over five or six years, the impact can be substantial, so try to negotiate a clause that makes the dividends noncumulative.

如果超过5年或6年都是这种情况，其影响就比较可观了，所以试着在谈判条款中把股息规定为非累积的。