* Site-Outage Notice: Our engineering elves will be tweaking the Shmoop site from Monday, December 22 10:00 PM PST to Tuesday, December 23 5:00 AM PST. The site will be unavailable during this time.
Dismiss
© 2014 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Ex-Rights

Definition:

Without rights. Warrants are often attached to bonds as a little pot-sweetener to entire otherwise skittish bond investors. The warrants are separable from the bond and can be sold on their own. A bond trading "ex-rights" means that if you buy it, you don't get the warrants; either the seller is keeping them or has already sold them.

Advertisement