单词 | ex dividend |
释义 | > as lemmasex dividend b. With sense ‘without,’ ‘exclusive of’; esp. in phrase ex dividend (abbreviated ex div. or x.d.), used with reference to sales of stocks or shares to indicate that the dividend next to be paid is not included in the sale. So formerly ex interest (abbreviated ex int., ex in., x.i.); also ex new (ex n., x.n.), intimating that the right to an allotment of new shares or stock is not included in the sale. ΚΠ 1845 Times July [In the daily lists of prices of railway shares the following frequently occur], ex. div., x.d., ex in., ex int., x.i., ex new, ex n., x.n. 1877 R. Giffen Stock Exchange Securities 59 The price quickly rising from 125 cum div early in July to 136 ex div in September. 1878 E. C. Maddison Speculation on Stock Exchange ii. 13 After prices have been quoted ‘ex dividend’. 1882 R. Bithell Counting-house Dict. 122 Ex drawing. Since the prices of stocks and shares quoted in the official list carry with them the right to claim all accruing advantages in respect of those stocks or shares; and since the ‘drawings’ for the Sinking Fund or amortization are among those advantages, it is usual to state, about the time when drawings take place, whether the prices carry with them the right to the drawing, or whether that right has ceased. This is done by inserting, after the price, the phrase ‘ex drawing’ or ‘cum drawing’. 1885 Daily News 13 Mar. 2/1 New York Central Railway 925/ 8 927/ 8 xd. 1893 R. Bithell Counting-house Dict. (rev. ed.) 118 Ex all (x all.). When these words are added to the quotation of the price of any stock, they signify that the coupon or dividend just due on such stock, and any preference claim to new stock, bonus, or other privilege arising from the possession of the stock sold, is retained by the seller. 1894 N.E.D. at Ex Mod. The custom-house expenses amount to £5, ex stamps. 1903 Pitman's Business Man's Guide Ex coupon,..without the interest coupon. 1906 in A. P. Poley & F. H. C. Gould Hist., Law & Pract. Stock Exchange (1907) 292 When Securities on which Options are open are quoted ‘Ex Rights’ an official price will..be fixed for the Rights. 1928 Daily Mail 25 July 19/3 Ex rights. Ex all. Ex bonus. Ex return capital. Ex drawing. Ex cash bonus. 1962 H. O. Beecheno Introd. Business Stud. vi. 59 The terms ‘xr’ (ex rights) or ‘xc’ (ex capital)..seen against the price. This means that the special rights extended to existing share~holders do not apply. < as lemmas |
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