Meaning / Definition of
XRT
Categories: Finance,
A notation on a ticker (tape) that is used to indicate that a security is trading on an ex-rights basis. The term is used to dispel any confusion that may arise in the case of trades involving a security that has recently had a rights offering, by confirming that such rights remain with the seller of the security, and do not accrue to the buyer. XRT is an abbreviation of the term "ex-rights."
Most popular terms
1. Community Reinvestment Act Of 19772. Charitable Remainder Trust
3. Sublimit
4. Convertible Hedge
5. Inflation-adjusted Principal
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7. Discrimination
8. Other Structures: Homeowners Policy
9. Stale Price Arbitrage
10. Self-insured Retention (SIR)
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