Meaning of RIGHTS OFFERING

WordNet Dictionary
	Definition:		[n]  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 offereing usually agrees to buy any shares not bought by shareholders"
	Websites:
	Synonyms:		rights issue
	See Also:		offer, offering