allotment rights

allotment rights
Privileges allotted to existing security holders, entitling them to receive new securities free of charge.

Euroclear glossary. 2008.

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  • allotment rights — Privileges allotted to existing security holders, entitling them to receive new securities free of charge. Euroclear Clearing and Settlement glossary See bonus rights. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • Allotment (gardening) — Allotment gardens are characterised by a concentration in one place of a few or up to several hundreds of land parcels that are assigned to individual families. In allotment gardens, the parcels are cultivated individually, contrary to other… …   Wikipedia

  • rights issue — an issuing of extra shares. A company may raise additional capital from its members as opposed to from the public at large by issuing extra shares; this is called a rights issue. See pre emption; pre emption clause. Collins dictionary of law. W.… …   Law dictionary

  • rights issue — An issue of shares for cash by a company to its existing shareholders on a basis pro rata to their existing shareholdings. The issue will normally be at a substantial discount to the current share price (usually between 20% and 40% discount). The …   Financial and business terms

  • bonus rights — See allotment rights. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • bonus rights — See allotment rights …   Euroclear glossary

  • Nil Paid Rights —    Rights issues are typically offered at a discount to the prevailing market price of the existing securities, so the allotment letters have a market value and may be traded as nil paid rights before payment for the new shares is due.    ► See… …   Financial and business terms

  • Native American civil rights — are the civil rights of Native Americans in the United States. Although indigenous to the Americas, American Indians became one of many minorities and the movement for American Indian civil rights began almost as soon as Europeans started to… …   Wikipedia

  • provisional allotment letter — (PAL) A temporary document of title by which new shares are offered to shareholders in a rights issue. The PAL shows each shareholder s entitlement to the new shares, and can be traded in nil paid or fully paid form. Related links …   Law dictionary

  • American Indian civil rights — The struggle for American Indian civil rights began almost as soon as Europeans started to arrive in the Western Hemisphere. There are numerous issues surrounding the civil rights granted to Native Americans; to include voting, rights to public… …   Wikipedia

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