PREEMPTIVE RIGHT as NOUN

1. Meaning
   • the right granting to shareholders the first opportunity to buy a new issue of stock
   • provides protection against dilution of the shareholder’’s ownership interest
   Hypernyms(s) preemptive right is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
   • preemption (what does preemption mean?)
   • pre-emption (what does pre-emption mean?)