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A share quoted with cum-rights carries the rights to subscribe for new shares under a rights issue.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
cum-rights
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Cum Rights — A situation in which the shares held by holders of record are qualified for a rights offering declared by a company. Shares that are trading cum rights can be sold to another individual with the rights attached. This is the opposite of ex rights … Investment dictionary
cum rights — With rights. Bloomberg Financial Dictionary The purchaser of a stock trading cum rights is entitled to buy shares of a new issue of stock in direct proportion to his or her existing holdings. Exchange Handbook Glossary … Financial and business terms
Cum rights — With rights. The New York Times Financial Glossary … Financial and business terms
cum rights — /kʌm raɪts/ adverb sold with the right to purchase new shares in a rights issue … Dictionary of banking and finance
cum rights — Lit. with rights; a share of stock sold under conditions which permit the buyer to buy new stock of the issuer in a stated amount … Black's law dictionary
cum rights — Lit. with rights; a share of stock sold under conditions which permit the buyer to buy new stock of the issuer in a stated amount … Black's law dictionary
cum rights — See: ex … Accounting dictionary
cum — Latin for with (used in the abbreviations cum cap, cum div, cum rights, etc), to indicate that the buyer of a security is entitled to participate in the forthcoming capitalisation issue, dividend or rights issue. See also ex Exchange Handbook… … Financial and business terms
cum — I. /kʌm / (say kum), /kʊm / (say koom) preposition 1. with; together with; including (used sometimes in financial phrases as cum dividend, cum rights, etc., which are often abbreviated simply cum). 2. (in combination) serving a dual function as;… …
Cum nimis absurdum — was a papal bull issued by Pope Paul IV dated 14 July 1555. It takes its name from its first words:[1] Since it is absurd and utterly inconvenient that the Jews, who through their own fault were condemned by God to eternal slavery... The bull… … Wikipedia
