preemptive right

Noun

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

Source: WordNet

Synonyms

preemption pre-emption call option put option right of first refusal drag-along right tag-along right right of pre-emption right of first refusal and co-sale anti-dilution provision board observer rights conversion rights first offer voting agreement first option to buy
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Hypernyms

preemption pre-emption

Close letter words and terms

preemptive action preemptive bid preemptive declaration preemptive self-defence preemptive strike preemptive subscription right