right of first refusal

Noun CEFR C2

Definitions

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.

Equivalents

Españolderecho de tanteo

Françaisdroit de préemption

DeutschVorkaufsrecht

6 more languages

Suomietuosto-oikeus

Magyaropció

Italianodiritto di prelazione

Nederlandsrecht van voorverkoop voorkeursrecht

Portuguêsdireito de preempção

Svenskaförköpsrätt

Examples

“"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?"”

CEFR level

C2

Mastery
This word is part of the CEFR C2 vocabulary — mastery level.

See all C2 English words →

See also

right of publicity right of reentry right of repair right of repentance right of sepulchre right of way

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