Define: XRT

UK Accounting Glossary

Definition: XRT



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Full Definition of XRT


The letters XRT are an abbreviation to signify that a security is trading ex-rights. Typically, the price of a security will drop as soon as the rights expire. To keep investors and traders informed, the letters XRT are placed immediately after a security’s trading symbol and the symbol XRT is displayed directly on the electronic system known as the consolidated tape. The XRT symbol is displayed along with an array of other financial data. Before a security expires and receives the XRT designation, existing shareholders are given an opportunity to buy new shares at a discount. If they fail to buy, the security expires and receives the letters XRT. The buyer of a stock displayed with the XRT symbol is not entitled to any rights previously available. Buyers should always research why a security is trading XRT, before making a purchase.


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https://payrollheaven.com/define/xrt/
Modern Language Association (MLA):
XRT. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. March 31, 2020 https://payrollheaven.com/define/xrt/.
Chicago Manual of Style (CMS):
XRT. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/xrt/ (accessed: March 31, 2020).
American Psychological Association (APA):
XRT. PayrollHeaven.com. Retrieved March 31, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/xrt/

Definition Sources


Definitions for XRT are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th February 2020.