Entitled Redemption Value
The predetermined entitlement attributable to the share at wind-up. This is not a guaranteed amount.
Equity exposure
Provides an indication of the level of shareholders funds exposure to equity (also known as actual gearing).
Ex
When a stock or dividend is issued by a company it is based upon an "on register" or "record date". However, to create a level playing field when shares are traded on the London Stock Exchange during this benefit period an "ex" date is set. Before this "ex" date if shares are sold the selling party will need to pass on the benefit or dividend to the buying party.
Exchange
An exchange provides access to capital and facilitates securities dealing through speedy and innovative trading platforms and services. An exchange is also responsible for delivering an orderly market.
