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RightPrivilege granted shareholders of a corporation to subscribe to shares of a new issue of common stock before it is offered to the public. Such a right, which normally has a life of two to four weeks, is freely transferable and entitles the holder to buy the new common stock below the public offering price. See: Warrant.Right Similar MatchesRights OfferingRights OfferingA popular means of raising capital by offering shareholders the opportunity to buy additional shares of the same stock at a price below the current market value. Joint tenants with right of survivorshipJoint tenants with right of survivorshipIn the case of a joint account, on the death of one account holder, ownership of the account assets is transferred to the remaining account holder or holders. Cum rightsCum rightsWhen a company announces a rights issue, existing shareholders get the right to buy new shares, usually at a discount to the current share price. That right attaches to the existing shares and it has a value. In the period after the announcement of an impending issue and before it has been completed, the question is whether the purchaser of existing shares also gets the right to participate in the rights issue or whether that right stays with the vendor.To cope with this situation the market have developed the system of 'cum rights' and 'ex rights'. When a share is cum rights, it means that it is offered for sale with any associated rights. When it is ex rights it is offered for sale without the rights. The share price of the shares will be higher cum rights than it will be ex rights. Special Drawing Rights (SDR)Special Drawing Rights (SDR)A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies. Property rightsProperty rightsRights of individuals and companies to own and use property as they see fit and to receive the stream of income that their property generates. Further SuggestionsTransferable put rightRight of redemption protected rights rights offering Cum rights Rights offering Copyright Copyright Right here right of survivorship Ex rights Stock right Labor right Right of first refusal Outright rate Right Of Way rights issue Surface Rights ex rights Rights on Appraisal rights Trade-related intellectual property rights Subscription right Intellectual property right Right of rescission |
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