preemptive right
Word Rarity
Rare
Frequency: Zipf frequency 2.80 in modern English
28
Scrabble Score
15
Letters
3
Syllables
9
Unique Chars
Meaning
noun
The right of shareholders to maintain a constant percentage of a company's shares by receiving a proportionate fraction of any new shares issued, thus preempting any dilution
Inflected Forms
preemptive rights (plural)
pre-emptive right (alternative)