Definitions for "ex-dividend date"
The first day of the ex-dividend period. The ex-dividend date was created to...
A synonym for without dividend. The first day that a buyer could purchase a security and not be entitled to receive the dividend. The ex-date is set by an SRO and is typically the record date minus two business days.
In order to receive dividends, you must own shares by this date, which is usually 4 days before the record date, or the date of distribution. On the ex-dividend date, the fund's net asset value is lowered by an amount equal to the dividend and/or capital gains distribution. This date is indicated by an "X" after the fund's name in publications that list closing NAVs.
Keywords:  exhaust, exercise, price
exercise exhaust price
Keywords:  privilege, exchange
Exchange Privilege