주식 매매 시 신주 인수권이나 배당 등의 권리가 포함되지 않은 상태.
Trading or sold without the right to a recently declared dividend or the opportunity to buy new shares.
예문:
"The stock is trading XR today, so buyers will not receive the upcoming dividend."
"Investors should note the XR date to understand their entitlement to new shares."