| NOUN | possession | preemptive right | the right granting to shareholders the first opportunity to buy a new issue of stock |
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| 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. | |
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| Broader | preemption, pre-emption | The right to purchase something in advance of others |
| Catalan | dret d'adquisició preferent | |
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