nonparticipating: Meaning and Definition of

non•par•tic•i•pat•ing

Pronunciation: (non"pär-tis'u-pā"ting), [key]
— adj.
  1. not participating.
  2. having or imparting no right to dividends or to a distribution of surplus.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.