Preemptive right

Noun

Word Frequency: 0.1

Definitions

1.NounThe 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

Synonyms

rights issue right of first refusal tag-along right participation share and share alike shareholding golden share preemption drag-along right share say on pay holdback

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