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


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 ?
According to private TV channel, Supreme Court had formed commission to probe debt right off cases under the supervision of Justice (R) Jamshed Ali Khan, which have complete report after investigation.
It is pertinent to mention here that monetary institutes only gave commercial reasons of debt right off and report did not talk about debt right off over political reasons.
Located right off the Meadowbrook Parkway, The Bristal is not only easily accessible for families and friends, but will feature a Visiting Children's Activity Center to keep youngsters entertained during their visits.
Cushman & Wakefield has been hired to manage and lease the property, which is located right off Exit 4 of I-95 and adjacent to the Cos Cob Metro North train station.
at a new, bigger and better location, the Manhattan Pavilion at 125 West 18th Street, right off Sixth Avenue.
Mitchell Rechler, executive vice president of Reckson, said "This is a well-situated property right off the Meadowbrook State Parkway in an area that has improved substantially in the last few years.
According to Deputy Commissioner Martin Oesterreich, at that time those unit owners who are eligible for the partial tax abatement will receive credit for this fiscal year 1997's token abatement, along with fiscal year 1998's larger cut right off the bottom line.
Located right off Park Avenue, 113 East 61st Street is an artful and beautiful reconversion of a neoclassic six-story, single family Manhattan home that will be sold from the premises, just a few minutes walk from Midtown Manhattan.