Subscription Right

Business / Taxes / Subscription Right: If a corporation’s charter has a preemptive rights clause, before the company offers a new issue of securities to the public, it must offer existing shareholders the opportunity to buy new shares of stock in proportion to the number they already own. That obligation is known as a subscription right, or a rights offering, and allows you to maintain the same percentage of ownership you had before the new issue. Usually you receive one right for every share you already own, although the number of rights you need to buy a share depends on the number of outstanding shares in relation to the number in the proposed new issue. Rights are transferable, and may be traded on the secondary market. For example, if you don’t wish to purchase additional shares, you may choose to sell your rights. Or, if you need additional rights to make a purchase, you may buy them. Rights have expiration dates, so you typically must act promptly to take advantage of the offer.

Other Words for Right

Right Adverb Synonyms: well, satisfactorily, advantageously, profitably, favourably, opportunely
Right Verb Synonyms: just, moral, good, proper, correct, legal, lawful, licit, honest, upright, righteous, virtuous, ethical, fair, true, honourable, right-minded, principled, open, above-board
Right Noun Synonyms: sound, sane, normal, rational, lucid, healthy
Right Adjective Synonyms: rightist, right-wing, conservative, reactionary, Tory
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Other Words for Subscription

Subscription Verb Synonyms: obligation, pledge, promise, underwriting
Subscription Noun Synonyms: payment, remittance, investment, commitment, dues, fee, price, cost
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Rights Offering

Business / Finance / Rights Offering: Issuance to shareholders that allows them to purchase additional shares, usually at a discount to market price. Holdings of shareholders who do not exercise rights are usually diluted by the offering. MORE

Right-To-Farm Laws (Nuisance)

Business / Agriculture / Right-To-Farm Laws (Nuisance): Right to farm laws deny nuisance suits against farmers who use accepted and standard farming practices, even if these practices harm or bother adjacent property owners or the general public. Agricultu MORE

Right-Of-Way

Business / Real Estate / Right-Of-Way: The right given by one landowner to another to pass over the land, construct a roadway or use as a pathway, without actually transferring ownership. MORE

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