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Oversubscription privilege

• In a rights issue, arrangement by which shareholders are given the right to apply for any shares that are not taken up.

• Provides for distribution of shares for which rights were not exercised to interested shareholders on a pro rata basis at the stated subscription price.

 
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Rights
Right
Shareholders
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How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...

Power is the faculty or capacity to act, the strength and potency to accomplish something. It is the vital energy to make choices and decisions. It also includes the capacity to overcome deeply embedded habits and to cultivate higher, more effective ones. – Stephen R. Covey

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