ex-capitalization UK US also UK ex-capitalisation) adverb (ABBREVIATION ex-cap, ABBREVIATION xc) FINANCE, STOCK MARKET
► if a stock is sold ex-capitalization, any scrip issue (= new shares offered free to shareholders) will belong to the seller instead of the buyer: »
Shares in a company bought ex capitalization are without entitlement to current scrip issues.
Financial and business terms. 2012.