ex-rights
Where the price of shares does not include the right to subscribe for new shares under a rights issue. The converse is a share quoted cum-rights, which carries the rights to subscribe new shares under the rights issue.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • ex-rights — «EHKS RYTS», adjective, adverb, or ex rights, without the right to purchase new or additional shares of stock: »Exchange contracts unless specifically made for cash will be ex rights contracts (Wall Street Journal (adj.) The old shares are now… …   Useful english dictionary

  • ex–rights — /ˌeks rīts/ adv or adj: without rights ◇ The purchaser of stock traded ex rights does not acquire the right to purchase new securities at a discount prior to their public issuance because such right was retained by the seller. Merriam Webster’s… …   Law dictionary

  • ex rights — n. Without rights; the condition of a stock sold without rights to purchase more stock from the issuing corporation. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • ex rights — adverb (or adjective) Etymology: ex (II) : without carrying or conferring the right to subscribe to a pending new issue of stock stock that sells ex rights * * * Stock Exchange. without having the right to subscribe to new issues of stock, the… …   Useful english dictionary

  • ex-rights — shares of stock that are trading without rights attached. Bloomberg Financial Dictionary Trading has previously commenced ex rights on this stock. London Stock Exchange Glossary * * *    A term associated with a rights issue. It indicates when… …   Financial and business terms

  • Ex-rights — 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.    ►… …   Financial and business terms

  • Ex-Rights — Shares of stock that are trading but no longer have rights attached because they have either expired, been transferred to another investor or been exercised. The rights originally assigned to the stockholder are, for whatever reason, no longer… …   Investment dictionary

  • ex rights — Literally, without rights. A stock sells ex rights when stock purchasers no longer receive the rights along with the shares purchased. Such stock is sold without privileged subscription rights to a current new issue by a corporation. Refers to… …   Black's law dictionary

  • ex rights — Literally, without rights. A stock sells ex rights when stock purchasers no longer receive the rights along with the shares purchased. Such stock is sold without privileged subscription rights to a current new issue by a corporation. Refers to… …   Black's law dictionary

  • ex rights — Stock Exchange. without having the right to subscribe to new issues of stock, the rights being retained by the seller of the stock. Abbr.: xr Also, ex rights. * * * …   Universalium

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