rights issue

NOUN
12 LETTERS · 2 SYLLABLES · STARTS WITH R

rights issue is a valid 12-letter word worth 15 points in Scrabble and 16 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
R1I1G2H4T1S1I1S1S1U1E1
1 + 1 + 2 + 4 + 1 + 1 + 0 + 1 + 1 + 1 + 1 + 1 =15 PTS
DOUBLE WORD → 30TRIPLE WORD → 45
MEANING

What does rights issue mean?

NOUN · 1 SENSE
1

An offering of common stock to existing shareholders who hold subscription rights or pre-emptive rights that entitle them to buy newly issued shares at a discount from the price at which they will be offered to the public later.