Wordnet 3.0
NOUN (1)
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;
- Example: "the investment banker who handles a rights offering usually agrees to buy any shares not bought by shareholders"[syn: rights offering, rights issue]
WordNet (r) 3.0 (2006):
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;
"the investment banker who handles a rights offering
usually agrees to buy any shares not bought by
shareholders" [syn: rights offering, rights issue]