Определение right of first refusal в Английский Язык Английский Язык словарь
A provision in a contract that permits a party to that contract or another named party to have an opportunity to purchase, use, or otherwise obtain a specified object before it is offered to any other party
Well, said the publisher, does our last contract with whoever it is that represents Shar give us the right of first refusal on his next book?.
(Finans) Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. In brief, the right of first refusal is similar in concept to a call option