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Glossary of Terms
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X or XD |
Symbol that indicates that a share is trading ex-dividend, with no dividend. | |
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XR |
Symbol that indicates that a share is trading ex-rights, with no rights attached. | | |
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From The Glossary » | Facultative Reinsurance: |
| Reinsurance arrangements under which each risk to be reinsured is offered to and is accepted or rejected by the reinsurer. So-called facultative reinsurance arrangements are, therefore, only permissive and do not obligate the ceding company to cede or the reinsurer to accept. | More Definitions » |
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