(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

Recent Examples on the Web
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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 Exxon has filed claims with an arbitration panel arguing a right of first refusal over Hess’ lucrative oil assets in Guyana. Spencer Kimball, CNBC, 30 Sep. 2024 Startup equity contracts often provide the company with right of first refusal when an employee seeks to sell their equity. George Moriarty, Axios, 10 Sep. 2024 Exxon is claiming a right of first refusal over Hess' lucrative oil assets in Guyana. Brian Evans,lisa Kailai Han, CNBC, 10 July 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 Nov. 2024.

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