Rights-on

Rights-on

Shares trading with rights attached to them.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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