A privilege allowing existing shareholders to buy shares of an issue of common stock shortly before it is offered to the public , at a specified and usually discounted price, and usually in proportion to the number of shares already owned. also called subscription right. The right of a party to match the terms of a proposed contract with another party. The right to recover a bad debt . The right of a consumer to nullify a contract within three business days of signing it without paying a penalty or down payment . Right to Know Laws that make government or corporate data and records available to the public or to those individuals with a particular interest in the information.
Some exchanges use pits rather than rings.
A measure of how much an investment returned in relation to the amount of risk it took on. An asset whose future return is known with certainty. However, even these assets are subject to inflation risk . A theoretical interest rate that would be returned on an investment which was completely free of risk . A transaction that guarantees a profit to whoever initiates it.