(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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The rules apply to everyone, including the board of directors, so carefully review the condominium declaration and other formative documents to confirm that the condominium actually has the right of first refusal and the details under which it can be used. Gary Singer, Sun Sentinel, 26 Sep. 2024 Some cities and counties — including Denver — have passed a similar right of first refusal. Seth Klamann, The Denver Post, 31 May 2024 This granted them first refusal on players at age 18. Jordan Campbell, The Athletic, 9 Aug. 2024 Chevron remains locked in a dispute with Exxon Mobil, which is claiming a right of first refusal over Hess Corp.’s lucrative oil assets in Guyana. Spencer Kimball, CNBC, 1 Nov. 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

Cite this Entry

“(the right of) first refusal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/%28the%20right%20of%29%20first%20refusal. Accessed 15 Dec. 2024.

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