Voting rights
The right to vote on matters that are put to a vote of security holders. For example the right to vote for directors. |
Similar financial terms
Straight votingA shareholder may cast all of his votes for each candidate for the board of directors.
Majority voting
Voting system under which each director is voted upon separately.
Block voting
A group of shareholders banding together to vote their shares in a single block.
Cumulative voting
A system of voting for directors of a corporation in which shareholder's total number of votes is equal to his number of shares held times the number of candidates.
Rights issue
An new share issue to existing shareholders giving them the right to buy new shares at a predetermined price.
Issuance of "rights" to current shareholders allowing them to purchase additional shares,usually at a discount to market price. Shareholders who do not exercise these rights are usually diluted by the offering. Rights are often transferable, allowing the holder to sell them on the open market to others who may wish to exercise them. Rights offerings are particularly common to c ...
With rights
Purchase of shares in which the buyer is entitled to the rights to buy shares in the company's rights issue.
Special drawing rights (SDR)
A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies.
Rights-on
Shares trading with rights attached to them.
Property rights
Rights of individuals and companies to own and utilize property as they see fit and to receive the stream of income that their property generates.
Liquidation rights
The rights of a firm's securityholders in the event the firm liquidates.
Cum rights
With rights.
