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Renounce
(redirected from renounceable)

   Also found in: Dictionary/thesaurus 0.01 sec.

TO RENOUNCE. To give up a right; for example, an executor may renounce the right of administering the estate of the testator; a widow the right to administer to her intestate husband's estate.
     2. There are some rights which a person cannot renounce; as, for example, to plead the act of limitation. Before a person can become a citizen of the United States he must renounce all titles of nobility. Vide Naturalization; To Repudiate.



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NASDAQ: CTTY; ASX: CAT), a leading provider of real-time recognition and reward software solutions, today announced that as a result of the volatility of global stock markets, the company and its underwriters in Australia have terminated the one-for-eight renounceable Rights Offering announced on June 27, 2002.
NASDAQ: CTTY; ASX: CAT) today announced a fully underwritten one-for-eight renounceable Rights Offer of shares of common stock at AUD $5.
To fund its expansion plans HTA completed a renounceable rights issue in June which raised cash of approximately A$700 million for the company.
 
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