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rights
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   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.

rights

An individual's automatic entitlement to certain freedoms and other benefits, usually, in liberal democracies such as the USA and UK, in the context of the individual's relationship with the government of the country. The struggle to assert political and civil rights against arbitrary government has been a major theme of Western political history.



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The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the "Fund") authorized the Fund's investment adviser to explore the benefits to shareholders of a rights offering for the Fund.
BankAtlantic Bancorp (NYSE:BBX) announced today that BFC Financial Corporation (Pink Sheets: BFCF) has provided notification of its intent to fully participate in BankAtlantic Bancorp's previously announced rights offering by exercising all of its subscription rights at the subscription price of approximately $30 million.
00 per share for its previously announced rights offering of up to $100 million of its Class A Common Stock to its shareholders of record as of August 24, 2009.
 
 
 
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