- In connection with a rights offering, shares of stock that are trading without the rights attached. The New York Times Financial Glossary
* * *A term associated with a rights issue. It indicates when stocks are trading without rights.► See also Rights Issue.
* * *ex-rights UK US adjective (ABBREVIATION xr)► STOCK MARKET used to describe shares that are sold without the buyer having the right to buy new shares which may be offered at a lower price: »
The shares fell 50p to £1.38, roughly in line with what will be the ex-rights price.ex-rights adverb► »
United's shares go ex-rights on August 27.
Financial and business terms. 2012.
Look at other dictionaries:
Rights Managed — refers to a type of contract between a two entities (the licensor and licensee), that is employed when licensing the rights to use content, such as photographs. The term Rights Managed means that the seller of the license is specifically giving… … Wikipedia
Rights and Humanity — is a multi faith, multi cultural international movement linking people from many faiths and walks of life and of various political opinions. It promotes respect for human rights as a foundation for global economic and social justice and human… … Wikipedia
rights — 1) Plural of right. 2) Slang for the information which must be given by law enforcement officers to a person who is under arrest or otherwise not free to leave. (See also: Miranda warnings) Category: Criminal Law Category: Small Claims Court &… … Law dictionary
rights issue — an issuing of extra shares. A company may raise additional capital from its members as opposed to from the public at large by issuing extra shares; this is called a rights issue. See pre emption; pre emption clause. Collins dictionary of law. W.… … Law dictionary
rights offerings — USA An offering that provides an issuer s existing stockholders the opportunity to buy a pro rata portion of additional shares of stock. These additional shares are offered at a specific price per share (the subscription price), which is… … Law dictionary
rights and benefits — USA Defined under the Uniformed Services Employment and Reemployment Rights Act (USERRA) as any advantage, profit, privilege, gain, status, account or interest earned under an employment contract or agreement or an employer policy, plan or… … Law dictionary
rights of first offer — USA This requires an equity holder in a company (such as a stockholder or a member) to offer to sell its equity to the other holders before offering to sell to third parties. If the other holders do not buy such offered equity, the selling holder … Law dictionary
rights manager — UK US noun [C] ► someone whose job is to organize the sale of rights to other people or companies: »Jenny moved into the publishing industry after securing a role as a rights manager … Financial and business terms
rights of first refusal — USA This requires an equity holder in a company (such as a stockholder or a member) to offer to sell its equity to the other holders after receiving a bona fide third party offer. The offer to the other holders must typically be made on… … Law dictionary
rights arbitration — see arbitration Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
rights issue — rights issues N COUNT A rights issue is when a company offers shares at a reduced price to people who already have shares in the company … English dictionary