Preemptive Right Definition
noun
The right of a company's existing stockholders to purchase enough shares to maintain their overall ownership percentage in the event of a new stock issue.
American Heritage
The right to the first opportunity to claim land subject to being preempted; the right of existing shareholders in a corporation to have the first opportunity to buy new shares when issued.
Webster's New World Law
Other Word Forms of Preemptive Right
Noun
Singular:
preemptive right
Plural:
preemptive rights
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