| / English Dictionary |
PREEMPTIVE RIGHT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
The right granting to shareholders the first opportunity to buy a new issue of stock; provides protection against dilution of the shareholder's ownership interest
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("preemptive right" is a kind of...):
pre-emption; preemption (the right to purchase something in advance of others)
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