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first refusal
noun as in first chance to buy something
Example Sentences
Only Kroenke, a minority owner in the franchise at the time, surprisingly swooped in by exercising his right of first refusal.
Microsoft has the right of first refusal to sell additional AI cloud capacity to OpenAI.
A coroner decides if a discovery is treasure and a museum usually gets first refusal over whether to store it.
The school district and city will have the right of first refusal to buy the parcel if the Weisenbergs ever look to sell their land.
When Mr Orbach decided to sell, he said he "very much" wanted the community to continue and it was given first refusal to purchase the site.
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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
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