Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• EX-DIVIDEND DATE - The first day of trading when the buyer of a stock is no longer entitled to the most...
  
  
• EX-FACTORY - where a seller's responsibility ends when the buyer at point of origin, i.e., factory, acc...
  
  
• EX-LEGAL - A municipal bond offered without a law firm's legal opinion. A majority of bonds are issued ...
  
  
• EX-PIT - Refers to a transaction outside the pit or ring. This is permissible for bona fide hedging pur...
  
  
• EX-PIT TRANSACTION - The closing out of a futures position off the exchange floor. Effected when two he...
  
  
• EX-POST FACTO LAW - Latin for "after the fact." Article 1 of the U.S. Constitution prohibits convicting...
  
  
• EX-RIGHTS - Refers to a transaction which the new purchaser of a stock is not entitled to participate i...
  
  
• EX-RIGHTS DATE - The first date on which a stock purchaser no longer receives the right to subscribe to...
  
  
• EX-WARRANTS - Describes a stock sale during the time in which the buyer of the stock is not entitled to...
  
  
• EXACT INTEREST - Interest paid based on the basis of a 365-day/year schedule by a bank or other financi...