- renounceable document
- A document for which legal title can be transferred to another person. Dresdner Kleinwort Wasserstein financial glossary
Financial and business terms. 2012.
Financial and business terms. 2012.
open offer — An issue of shares by a company for cash to existing shareholders on a basis pro rata to existing shareholdings. It is similar to a rights issue. However, the key difference is that the right to subscribe for shares in an open offer is not… … Financial and business terms
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