cum

cum
Latin for 'with' (used in the abbreviations cum cap, cum div, cum rights, etc), to indicate that the buyer of a security is entitled to participate in the forthcoming capitalisation issue, dividend or rights issue.
See also ex Exchange Handbook Glossary

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cum cum [kʊm, kʌm] adverb FINANCE
1. cum dividend/​cum div when the price of shares is listed cum dividend or cum div, the person who buys them will receive the next dividend payment on them:

• We can claim any trading losses made by buying stock cum dividend and then selling it ex-dividend against our tax liability.

2. cum interest when a bond, security etc is cum interest, interest will paid on a particular date in the future, and this amount is included in its trading price

* * *

cum UK US /kʌm/ preposition
FINANCE, STOCK MARKET used to mean 'with' when describing what the price of particular shares, bonds, etc. includes: cum bonus/dividend/interest »

If a share price is 'cum dividend', it means that if you buy it now, you qualify for the dividend.

»

It is assumed a share or bond is dealing cum rights unless otherwise stated.

See also EX-(Cf. ↑ex-)
used to show that something has two purposes, or that someone does two things: »

He now proposes to turn the disused site into a wind farm cum wildlife sanctuary.

»

Redundancy prompted one man to relaunch himself as a gardener cum odd job man.


Financial and business terms. 2012.

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Look at other dictionaries:

  • cum — cum·bent; cum·ber·land; cum·ber·some; cum·ber·some·ly; cum·ber·some·ness; cum·brance; cum·brous; cum·brous·ly; cum·brous·ness; cum·bu; cum; cum·in; cum·i·nal·de·hyde; cum·ly; cum·mer; cum·mer·bund; cum·ming·ton·ite; cum·mock; de·cum·ben·cy;… …   English syllables

  • cum — adv., conj. a. adv. I. (Interogativ). 1. În ce mod? Cum ai făcut de ai venit? ♢ expr. Cum şi în ce chip sau cum şi ce fel = în ce fel. A nu avea (sau a nu şti) cum = a nu avea posibilitate de a... ♦ (Repetat, în propoziţii enunţiative) Într un… …   Dicționar Român

  • Cum — bezeichnet: Communauté urbaine du Mans, Gemeindeverband in der französischen Région Pays de la Loire, heute Le Mans Métropole Communauté Urbaine CUM steht als Abkürzung für: den Flughafen der Stadt Cumaná in Venezuela (IATA Code) Siehe auch: Cum… …   Deutsch Wikipedia

  • cum — verb and noun, by 1973, apparently a variant of the sexual sense of COME (Cf. come) that originated in pornographic writing, perhaps first in the noun sense. This experience sexual orgasm slang meaning of come (perhaps originally come off) is… …   Etymology dictionary

  • cum — This Latin preposition meaning ‘with’, apart from its use in Latin loan phrases such as cum grano salis (‘with a grain of salt’), has been used for several centuries in place names such as Horton cum Studley. Its principal use since the 19c has… …   Modern English usage

  • cum — (k[u^]m; k[oo^]m), prep. [L. with prep.] with; together with; along with; as, I work at home in an office cum bedroom. [PJC] …   The Collaborative International Dictionary of English

  • Cum — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. CUM, sigle composé des trois lettres C, U et M, peut faire référence à : Centre universitaire méditerranéen à Nice Communauté urbaine du Mans,… …   Wikipédia en Français

  • cum — [kum, kʌm] prep [Date: 1800 1900; : Latin; Origin: with ] used between two nouns to show that something has two purposes ▪ a kitchen cum dining room ▪ a lunch cum business meeting …   Dictionary of contemporary English

  • cum — (k[u^]m), n. same as {semen[2]}; also spelled {come}. [vulgar slang] [PJC] || …   The Collaborative International Dictionary of English

  • cum — prep. OB → 1con {{line}} {{/line}} DATA: 1Є metà sec. XIII. ETIMO: dal lat. cŭm …   Dizionario italiano

  • CUM'AT — (Cum a. C.) Perşembeden sonra gelen günler. Cum alar …   Yeni Lügat Türkçe Sözlük

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