Focus on the pronunciation of ex-capitalization
English definition of “ex-capitalization”
ex-capitalization (also UK ex-capitalisation)
adverb (abbreviation ex-cap, abbreviation xc) FINANCE, STOCK MARKET
› if a stock is sold ex-capitalization, any scrip issue (= new shares offered free to shareholders) will belong to the seller instead of the buyer: Shares in a company bought ex capitalization are without entitlement to current scrip issues.