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.
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Of or relating to stock that trades so that new buyers, rather than sellers, will receive rights that have been declared but not yet distributed. Also called cum rights. Compare ex-rights.
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.