Rights A security giving stockholders entitlement to purchase new shares issued by the corporation at a predetermined price (normally less than the current market price) in proportion to the number of shares already owned. Rights are issued only for a short period of time, after which they expire. Investopedia Says: This also known as "subscription rights" or "share purchase rights". Related Terms: Contingent Value Rights - CVR Distribution Ex-Rights Oversubscription Privilege Rights Offering Share Purchase Rights Subscription Right Theoretical Ex-Rights Price XRT |