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.
BECOME A PRO CHEF WITH THIS EXQUISITE CUISINE QUIZ!
Even if you can't be a professional chef, you can at least talk like one with this vocabulary quiz.
Question 1 of 9
You may have read the word "simmer" in a recipe or two, but what does it really mean?
Origin of preemptive right
First recorded in 1850–55
Words nearby preemptive right
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020