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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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
See rights on.
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.