#preemption.right__pre-emption__preemption the right to purchase something in advance of others
supertype: #right an abstract idea of that which is due to a person or governmental body by law or tradition or nature: "they are endowed by their Creator with certain unalienable Rights"; "Certain rights can never be granted to the government but must be kept in the hands of the people"- Eleanor Roosevelt; "a right is not something that somebody gives you; it is something that nobody can take away"
subtype: #preemptive_right 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
subtype: #subscription_right the right of a shareholder in a company to subscribe to shares of a new issue of common stock before it is offered to the public
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