Usually means: Right to buy shares first.
Definitions Related words Mentions
We found 23 dictionaries that define the word preemptive right:

General (10 matching dictionaries)
  1. preemptive right: Longman Dictionary of Contemporary English
  2. preemptive right: American Heritage Dictionary of the English Language
  3. preemptive right: Vocabulary.com
  4. preemptive right: Wiktionary
  5. preemptive right: Infoplease Dictionary
  6. preemptive right: Dictionary.com
  7. preemptive right: Rhymezone
  8. preemptive right: FreeDictionary.org
  9. preemptive right: Mnemonic Dictionary
  10. preemptive right: TheFreeDictionary.com

Business (13 matching dictionaries)
  1. preemptive right: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. preemptive right: Law.com Dictionary
  4. Everybody's Legal Dictionary (No longer online)
  5. INVESTORWORDS (No longer online)
  6. PREEMPTIVE RIGHT: Accounting Glossary
  7. Glossary of Legal Terms (No longer online)
  8. Preemptive right: bizterms.net
  9. Preemptive Right: Investopedia
  10. Preemptive right: Securities Terminology
  11. Preemptive Right: Legal dictionary
  12. preemptive right: Financial dictionary
  13. BusinessDictionary.com (No longer online)

(Note: See preemptive_rights as well.)

Definitions from Wiktionary (preemptive right)

noun:  (law) 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

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