Right

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Right

Privilege granted shareholders of a corporation to subscribe to shares of a new issue of common stock before it is offered to the public. Such a right, which normally has a life of two to four weeks, is freely transferable and entitles the holder to buy the new common stock below the public offering price. See: Warrant.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Rights Offering

In stock, the ability of a shareholder to maintain the same percentage of ownership in a company should the company issue more stock by buying a proportional number of shares at or below the market price. This protects the investor from devaluation of his/her shares if the company decides to hold a round of financing. The purchase of this proportional number of shares usually takes place before the new issue is offered to the secondary market, and must be exercised before a certain date (known as the expiration date) if the shareholder is to maintain the same percentage of ownership. Rights offerings or issues are also called subscription rights or simply rights. See also: Anti-dilution provision.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

right

A certificate that permits the owner to purchase a certain number of shares, or, frequently, a fractional share of new stock from the issuer at a specific price. Rights are issued to existing stockholders in proportion to the number of shares the stockholders already own. Rights then may be combined with cash to purchase the new shares or they may be sold to other investors. Rights usually have value because they permit the owner to purchase shares of stock at less than the market price. A right is indicated in stock transaction tables by the symbol rt, appearing after the stock's name. Also called stock right, subscription right. See also ex-rights, preemptive right.
Should rights be sold or used?

Rights offerings refer to the right of an investor to maintain his or her percentage ownership in a company when the company decides to issue new stock. Generally the company will do so at a discount to its market price to attract buyers, thus the existing stockholders' rights have value. The decision a rights holder must make is whether to put more money into the stock of this company or to sell the rights in the open market as compensation for the dilution of his or her percentage ownership in the company. TIP: Such a purchase depends completely on the individual's circumstances, goals, prejudices, and objectives—just as in any other stock purchase—and should be approached accordingly.

Thomas J. McAllister, CFP, McAllister Financial Planning, Carmel, IN
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.

Right

The opportunity a corporation gives a shareholder to buy additional shares at a special price for a limited time. Shareholders who don't use their rights can sell them to other investors.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
References in periodicals archive ?
So the student next chose point B as the start of the cut, but quickly realised that although she was creating a right angle triangle that could fit in point C and F, it would not result in a square.
Patrick Chaundy, President and CEO of Right Angle Media, said: "Based on extensive research that we have undertaken, we have identified that a vast potential exists in the region for a comprehensive out-of-home media solutions provider."
The announcement comes as Right Angle Media installed its 500th shelter in Al Qusais area and the company is hopeful the majority of shelters will be fully operational for public use by the height of summer.
A cube is a solid in three dimensions, with three mutually perpendicular right angles evident at the vertices.
SR Sanitary Right Angle mixers are commonly used for media suspension and storage, buffer solutions, plasma extraction and fermentation, including bacteria and cell culture and general media processing applications.
has announced that EOTT Energy Partners, LP has licensed to install Right Angle, an integrated front office to back office trade management solution in the liquid hydrocarbons industry.
The product can be transferred off either side of the conveyor to other right angle conveyors, workstations, packing operations, ticketing stations, shipping departments, or other similar operations.
Mill-Max (Oyster Bay, NY) has added right angle options to its line of .070" (1.78 mm) pitch connectors.
The RoHS-compliant switches are available in both vertical and right angle mount configurations, and offer an extended operating life to 50,000 cycles.
This is extruded into a three-car garage that is half buried and set at a right angle to the house to define a forecourt.