Explain the meaning of the following terms. i)Par value ii)Blue chips iii)Cum right or Ex-Right iv)Tilt Edged securities

      

Explain the meaning of the following terms.
i)Par value
ii)Blue chips
iii)Cum right or Ex-Right
iv)Tilt Edged securities

  

Answers


sharon
i)Par value - This is the face value or nominal value of a share

ii)Blue chips - Refers to high grade equity shares ie the ordinary shares of a company which have had a good dividend record extending over the years.

iii)Cum Right or Ex – Right - Used in reference to a new rights issue attaching to the shares. Ex-right refers to that right retained by the seller while cum – Right is the right transferred to the buyer.

iv)Gilt Edged Securities - Refers to securities sold by the government considered absolutely safe.

sharon kalunda answered the question on March 1, 2019 at 13:34


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