rights off

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Rights Off

Describing the sale of a share without any rights attached to it. That is, any rights that may be attached to the share remain with the seller. It is also called ex-rights and contrasts with rights on. See also: Rights offering, Ex-dividend.

rights off

See ex-rights.
References in periodicals archive ?
33120 per share, not considered in such withholding corporate stockholders evidencing immunity or exemption thereto, which shall have as base date to determine the right to receive the relevant interest: a) in Brazil, the final stockholding position on November 21, 2008; as of November 24, 2008 the shares shall be traded ex rights to such interest; b) in the United States of America, the date November 26, 2008 shall be considered as "Record Date" to comply with the obligations undertaken in the ADRs program held by the company; as of November 24, 2008 the ADRs shall be traded ex rights to such interest.