adjusted closing price

Definition

The amended closing price of a stock on any regular trading day, due to corporate actions such as splits, dividends, distributions and new offerings prior to the follow trading day's open, to rectify gapped prices and to present a clearer historical representation of the company's equity value.

Use this term in a sentence

You may want to try and follow the adjusted closing price and see if you can get in when the time is right.

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After examining his budget and speaking with the lender Thomas came to the conclusion that he could comfortably afford the adjusted closing price.

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adjusted cash flow/benefits paid adjusted debit balance