NOUN | communication | rights offering, rights issue | an offering of common stock to existing shareholders who hold subscription rights or pre-emptive rights that entitle them to buy newly issued shares at a discount from the price / price at which they will be offered to the public later |
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Meaning | An offering of common stock to existing shareholders who hold subscription rights or pre-emptive rights that entitle them to buy newly issued shares at a discount from the price / price at which they will be offered to the public later. | |
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Example | "the investment banker who handles a rights offering usually agrees to buy any shares not bought by shareholders" | |
Synonym | rights issue | |
Broader | offer, offering | Something offered (as a proposal or bid) |
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