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Rights On
Describing the
sale of a
share with
rights attached to it. That is, any rights that are attached to the share but have not been distributed go to the
buyer, rather than remaining with the
seller. It is also called cum rights and contrasts with
rights off. See also:
Rights offering.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
cum rights
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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