TERMIUM Plus®

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DATE EX-DROITS [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1991-10-30

English

Subject field(s)
  • Investment
  • Stock Exchange
DEF

The day on and after which the buyer of a common stock or convertible bond is not entitled to a previously declared rights offering. Securities normally go ex-rights on the fourth business day preceding the record date. Option contracts on underlying stocks that trade ex-rights are adjusted by reducing the exercise price of the option by the value of the rights.

Key term(s)
  • ex-right date

French

Domaine(s)
  • Investissements et placements
  • Bourse
DEF

Le jour à partir duquel l'acheteur d'une action ordinaire ou d'une obligation convertible n'a plus droit à une offre de droits précédemment annoncée. Les valeurs tombent généralement "ex-droits" le quatrième jour ouvrable qui précède la date d'inscription. Les contrats d'options sur des valeurs sous options qui se transigent ex-droits sont ajustés en réduisant le prix de levée de l'option de la valeur des droits.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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