RIGHTS OFFERING
\ɹˈa͡ɪts ˈɒfəɹɪŋ], \ɹˈaɪts ˈɒfəɹɪŋ], \ɹ_ˈaɪ_t_s ˈɒ_f_ə_ɹ_ɪ_ŋ]\
Sort: Oldest first
-
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
