preemption
C1CEFR level
72/100Rarity: rare
TechnicalRegister
Law noun
An existing shareholder's right to be offered new shares before they are offered to outsiders.
The founders waived preemption so the new investor could take a full allotment.
Business noun
The right of existing shareholders to buy newly issued shares before they are offered to others, preserving their stake.
Preemption rights let the founders maintain their proportion of ownership in the fresh issue.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like preemption on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.