| / English Dictionary |
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))
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