Definition of Renunciation of right

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TeachMeFinance.com - explain Renunciation of right




historic definition...

Renunciation of right -- London Stock Exchange term for the transfer (sale) of a right accorded to a shareholder (stockholder) in a company, as, for instance, the right to subscribe for new stock to be issued by the company.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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