ex-capitalization

(also UK ex-capitalisation)

adverb (abbreviation ex-cap, abbreviation xc) FINANCE, STOCK MARKET

Definition

› 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.

(Definition of ex-capitalization adverb from the Cambridge Business English Dictionary © Cambridge University Press)

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