ex-rights

adverb or adjective

ˌeks-ˈrīts
: without rights

Note: The purchaser of stock traded ex-rights does not acquire the right to purchase new securities at a discount prior to their public issuance because such right was retained by the seller.

Dictionary Entries Near ex-rights

Cite this Entry

“Ex-rights.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/ex-rights. Accessed 14 Jun. 2024.

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