pre-emption right

English - English

Definition of pre-emption right in English English dictionary

Related Terms

pre-emption right

(Emlak) A pre-emption right is a right to acquire certain property in preference to any other person. It usually refers to property newly coming into existence; a right to acquire existing property in preference to any other person is usually referred to as a right of first refusal

Hyphenation

pre-emp·tion right