Definition of “pre-emption rights” - English Dictionary

Business

“pre-emption rights” in Business English

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pre-emption rightsnoun [ plural ]

uk us also pre-emptive rights

FINANCE, LAW the rights of shareholders to buy new shares in the same company when they become available, before others are allowed to buy them:

The broadcaster is keen to exercise its pre-emption rights to shares being sold in the TV station.

(Definition of “pre-emption rights” from the Cambridge Business English Dictionary © Cambridge University Press)