(redirected from right away)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.


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


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.


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 ?
"Will it hurt you?" And he added right away: "I don't want you to do anything that will hurt you." Then I cried a little, because I like to cry when I have Such Beautiful Moments in my life, so later I can recall them and cry again.
Licensed private investigator Bill Mitchell, also known as "The Seven-Day Detective" for his ability to garner crucial information in a single week, The More You Know: Getting the Evidence and Support You Need to Investigate a Troubled Relationship is a straightforward guide for individuals, investigators, attorneys, clergy, and counselors--anyone who needs to know right away whether a spouse is cheating.
And they probably didn't die right away, says Turpin.
"That is a big strength, because when our machines are on the road, we need service and we need it right away."
Mem Fox's HUNWICK'S EGG (0152163182, $16.00) tells of a mysterious egg which appears outside Hunwick's burrow and doesn't hatch right away. Hunwick thinks it's his friend?and he knows its secret.
We enter dance class, and right away there is someone to watch, someone to admire.
Right away, I knew this would be a labor of love for me and my associates.
Instead of moving her right away, they will expand her barn and build a treadmill for the 9,120-pounder.
Due to his work schedule, Simon could not return the pet right away, so for more than a week, Simon allowed it to roam about his big rig, where it would periodically snuggle amongst his T-shirts in the sleeper cab or snooze on the van's floor mats.
"We can get it right away and we don't have to go through head office, which makes our turnaround time for special orders very quick."
With technology, support, customer service and an understanding of the special needs of education, CDW*G promises to deliver the right technology, right away. Our dedicated and knowledgeable account managers serve as advocates for each customer and are on the frontlines for achieving customer satisfaction.
"I needed some money right away" to pay bills, Carter said.