Accumulated dividends refer to the unpaid dividends that have accumulated over time. Synonyms for accumulated dividends include, unpaid dividends, accumulated earnings, retained earnings, undistributed profits, and accrued dividends. These terms are often used interchangeably, but they have variations in their meanings. Retained earnings are the portion of profits held by a company for future use, while undistributed profits refer to the portion of profits that a company chooses to retain instead of distributing to shareholders. Meanwhile, accrued dividends refer to dividends that have accumulated over time but have not yet been paid out. These synonyms are useful when discussing profits that a company has earned but has not yet distributed among shareholders.