|
 |
Investing Glossary:
Right
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- R -
| Term: |
|
| Definition: |
| 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.
|
|
|
| |
|
