right of first refusal en · NOUN
Meanings
-
A provision in a contract that permits a party to that contract or another named party to have an opportunity to purchase, use, or otherwise obtain a specified object before it is offered to any other party.
"Well," said the publisher, "does our last contract with whoever it is that represents Shar give us the right of first refusal on his next book?"
1985, Richard Lourie, First Loyalty, →ISBN, page 258:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| rights of first refusal | Number=Plur | lexicographic | |
| ROFR | Abbr=Yes | lexicographic |
Translations (15)
nb forkjøpsrett (contractual provision) · de Vorkaufsrecht (contractual provision) · es retracto (contractual provision) · he זכות ראשונים (contractual provision) · hu vételi jog (contractual provision) · sv förköpsrätt (contractual provision) · hu opciós jog (contractual provision) · es derecho de tanteo (contractual provision) · nl voorkeursrecht (contractual provision) · pt direito de preempção (contractual provision) · it diritto di prelazione (contractual provision) · hu opció (contractual provision) · nl recht van voorverkoop (contractual provision) · fr droit de préemption (contractual provision) · fi etuosto-oikeus (contractual provision)