Words / S / Law

sell-out

noun/ˈselaʊt/

B1CEFR level
30/100Rarity: fairly common
TechnicalRegister

A minority shareholder's right to compel a successful bidder to buy their remaining shares.

Once the offeror crossed the threshold, the sell-out let the last holders force a purchase at the offer price.

Topic: Corporate law in Legal English

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.

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More law words: Corporate law