ex-distribution date

ex-distribution date definition - business

ex-distribution date

The first day of trading when the seller, rather than the buyer, of a stock will be entitled to a recently announced distribution of an asset. The price of the stock can be expected to fall by approximately the value of the distribution on this date, because the stock no longer carries the right to the distribution.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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