rights offering
NOUN
15 LETTERS · STARTS WITH R
rights offering is a valid 15-letter word worth 25 points in Scrabble and 27 points in Words with Friends.
SCRABBLE
WORDS WITH FRIENDS
R1I1G2H4T1S1O1F4F4E1R1I1N1G2
1 + 1 + 2 + 4 + 1 + 1 + 0 + 1 + 4 + 4 + 1 + 1 + 1 + 1 + 2 =25 PTS
DOUBLE WORD → 50TRIPLE WORD → 75
MEANING
What does rights offering 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.
“the investment banker who handles a rights offering usually agrees to buy any shares not bought by shareholders”
SYNONYMS
BROADER