• synonyms

preemptive right

See more synonyms for preemptive right on Thesaurus.com
  1. a privilege given to an existing shareholder to buy a portion of a new stock issue at the offering price on a pro-rata per-share basis.
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Origin of preemptive right

First recorded in 1850–55
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018