Definitions

first refusal

NOUN

first chance to buy something

Synonyms

WEAK

first option option preemption prior right of purchase refusal right of preemption

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The exception would enable investor purchases so long as they allow renters to opt-in to have positive rent payments reported to credit bureaus and give renters a right of first refusal and first look if the investor were to decide to sell.

From Barron's

SpaceX, like many other private firms, typically holds the right of first refusal.

From MarketWatch

Forge noted that the right of first refusal process must be completed before trades on its platform are completed.

From MarketWatch

Negotiations that will follow are expected to include a potential U.S. agreement with Denmark about stationing forces at bases in Greenland and giving America right of first refusal over investments in the island’s mineral resources, according to European officials.

From The Wall Street Journal

On top of its initial lease, AMD holds an option for an additional 75 megawatts of capacity and a right of first refusal for another 100 megawatts.

From Barron's