Examlex
Select the correct description for each of the abbreviations.
-PSA
Existing Stockholders
Individuals or entities that currently own shares in a company.
Subscription Price
The cost at which existing shareholders can buy additional shares of a company, often at a discount.
Rights Offering
A financial mechanism by which companies offer existing shareholders the right to buy additional shares directly from the company at a predetermined price, usually at a discount, before the shares are offered to the public.
Value Of A Right
In finance, the value associated with a right, such as a stock right, which is the value to buy additional shares at a discounted price.
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