Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun preemptive_right
1 sense of preemptive right
Sense 1
preemptive right -- (the right granting to shareholders the first opportunity to buy a new issue of stock; provides protection against dilution of the shareholder's ownership interest)
=> preemption, pre-emption -- (the right to purchase something in advance of others)