|
|
UM |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
UMThe two-character ISO 3166 country code for UNITED STATES MINOR OUTLYING ISLANDS.UM Similar MatchesCum 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. Alternative mortgage instrumentsAlternative mortgage instrumentsVariations of mortgage mortgage such as mortgage and variable-rate mortgages, mortgage, mortgage and several seldom-used variations. Umbrella policyUmbrella policyInsurance for exports of an exporter whose issuer handles all administrative requirements. Minimum price fluctuationMinimum price fluctuationSmallest increment of market price movement possible in a given futures or options contract. Guaranteed sum assuredGuaranteed sum assuredA term used by some life companies which refers to the minimum sum payable by a life policy either on the death of the life assured or on maturity. Further SuggestionsInstrumentsYard Lumber PIN number insurance premium minimum quote size Encumbrance, Incumbrance Unamortized premiums on investments Optimum Leverage Ratio Environmental dumping Accumulation area Zero prepayment assumption Shipping Documents Cumulative total return Encumbrance cum dividend Cumulative preferred stock Required minimum distribution (RMD) Local optimum Maximum price system cumulative preference shares Small country assumption Addendum warrant premium underlying instrument minimum lending rate |
|
|
|