RIGHTS OFFERING
\ɹˈa͡ɪts ˈɒfəɹɪŋ], \ɹˈaɪts ˈɒfəɹɪŋ], \ɹ_ˈaɪ_t_s ˈɒ_f_ə_ɹ_ɪ_ŋ]\
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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; "the investment banker who handles a rights offereing usually agrees to buy any shares not bought by shareholders"
By Princeton University
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.
Nearby Words
- rightly
- rightmost
- rightness
- rights
- rights issue
- rights offering
- rightsizing
- rightward
- rightwise
- rightwisely
- rightwiseness