RIGHTS ISSUE

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

An offering of common stock to existing shareholders who hold subscription rights or pre-emptive rights that entitle them to buy newly issued shares at a discount from the price at which they will be offered to the public later

Example:

the investment banker who handles a rights offering usually agrees to buy any shares not bought by shareholders

Synonyms:

rights issue; rights offering

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("rights issue" is a kind of...):

offer; offering (something offered (as a proposal or bid))

Credits