Rights Offering

Definition

A popular means of raising capital by offering shareholders the opportunity to buy additional shares of the same stock at a price below the current market value.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University


Term of the Day

Covenant
An agreed action to be undertaken (Positive) or not done (Negative). A breach of a covenant is a default.

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