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PREEMPTIVE RIGHT
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Dictionary entry overview: What does preemptive right mean?
• PREEMPTIVE RIGHT (noun)
The noun PREEMPTIVE RIGHT has 1 sense:
1. 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
Familiarity information: PREEMPTIVE RIGHT used as a noun is very rare.
Dictionary entry details
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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