Search Result for "preemptive right":
Wordnet 3.0

NOUN (1)

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;


WordNet (r) 3.0 (2006):

preemptive right n 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