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rights offering

n.
1.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 at which they will be offered to the public later

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Word of the Day

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  • rights issue
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  • rigid
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  • sand eel
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  • variously-leaved pondweed
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    Idiom of the Day

    on the verge of (doing something)
    just about to do something
    I was on the verge of quitting my job when I suddenly changed my mind.



    1.
    S1: Nobody likes staying at home on a public holiday- especially if the weather is fine.
    S6: It was very peaceful in the cool grass-until we heard bells ringing at the top of the hill.

    P: We had brought plenty of food with us and we got it out of the car.
    Q: The only difficulty was that millions of other people had the same idea.
    R: Now everything was ready so we sat down near a path at the foot of a hill.
    S: We moved out of the city slowly behind a long line of cars, but at last we came to a quiet country road and, after sometime, stopped at a lonely farm.

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