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right of first refusal

noun

Definitions

  1. A provision in a contract that permits a party to that contract or another named party to…

    A provision in a contract that permits a party to that contract or another named party to have an opportunity to purchase, use, or otherwise obtain a specified object before it is offered to any other party.

    • "Well," said the publisher, "does our last contract with whoever it is that represents Shar give us the right of first refusal on his next book?"

The neighborhood

Vish — recursive loop

No curated loop yet for right of first refusal. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA