Definitions
In plain terms
It can fall on an ex-dividend date because the cash leaving the security is not added back to the index return.
Technical
The exact treatment of special dividends, rights, spin-offs, taxes, FX, and corporate actions follows the named index methodology and divisor rules.
Scope
Price return excludes ordinary dividend income but still requires corporate-action continuity adjustments.
Examples
- A governed index record identifies price return index with its applicable methodology version, effective time, source, and units.
Common misconceptions
- Price Return Index does not have one universal implementation without the named index methodology, data cutoff, and governance context.
Concept relationships
Prerequisites
Broader concepts
Contrasts with
Where this concept is used
Evidence and governance
- S&P Dow Jones Indices Index Mathematics Methodology S&P Dow Jones Indices · first party methodology
Supports: preferred label, short definition, technical definition
Limits: Authoritative for the provider's indices; conventions are not universal defaults for every index or security-level return series.
- Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract
Supports: variant distinction
Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.
- Reviewed by
- fintech-builder-owner-approved
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- published