(the right of) first refusal

idiom

: the right to have the first choice to buy something on the same terms as offered to someone else

Examples of (the right of) first refusal in a Sentence

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According to published reports, Ratcliffe has the right of first refusal on a Glazer sale, while the family can buy him out at his purchase price after a period of time. —

Brendan Coffey, Sportico.com, 15 Jan. 2025 In the case of a potential sale, the other friend would have the right of first refusal. —

Joyce Cohen, New York Times, 2 Jan. 2025 The city has the right of first refusal to buy or lease the Institute of Texan Cultures from the University of Texas System Board of Regents. —

Megan Stringer, Axios, 21 Nov. 2024 Tottenham have a first refusal option on the 23-year-old midfielder but this only becomes active in the summer. —

Jack Pitt-Brooke, The Athletic, 26 Dec. 2024 See all Example Sentences for (the right of) first refusal

Dictionary Entries Near (the right of) first refusal

theridiid

(the right of) first refusal

the right stuff

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“(the right of) first refusal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/%28the%20right%20of%29%20first%20refusal. Accessed 20 Jan. 2025.

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