English version

preemptive right

From Longman Business Dictionarypreemptive rightpreˌemptive ˈright [countable]FINANCE the right that a shareholder has to buy new shares issued by the same company before they are offered to the publicExisting shareholders have preemptive rights to buy new shares in proportion to their existing holdings. right
Pictures of the day
What are these?
Click on the pictures to check.