Examlex
The process by which rods and cones become more sensitive to light in response to lowered levels of illumination is called:
Holder-Of-Record Date
The date on which existing shareholders on company records are designated as the recipients of stock rights. Also the date of record.
Tombstone
An advertisement in a financial publication announcing a public offering of securities, containing basic details of the issue.
Preliminary Prospectus
An initial document provided by a securities issuer that describes the details of an upcoming offer to the public, often called a "red herring."
Ex-Rights
Ex-rights refer to a situation where a stock is traded without the benefit of a rights offering, which was previously announced to its shareholders.
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