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Investopedia : Rights (0 viewing) 
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Investopedia : Rights

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Leremy (Admin)
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1 Year, 1 Month ago
 
What does Rights mean?
A security giving stockholders en­title­ment to purchase new shares issued by the corporation at a predetermined price (normally less than the current market price) in proportion to the number of shares already owned. Rights are issued only for a short period of time, after which they expire.

Investopedia says...
This also known as "sub­script­ion rights" or "share purchase rights".

From Investopedia.com
 
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Last Edit: 2007/10/28 12:44 By leremy.
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