preemptive right

noun
15 letters28 points in Scrabble®32 points in WWF®
DEFINITIONS1
NOUN
1

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.

WORD FORMS
Starts withP
Ends withT
GAME SCORES
Scrabble®28 points
Words With Friends®32 points
Double word56 points
Triple word84 points
GOOD TO KNOW
Starts & ends withP … T
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