first refusal

Frequency: 5.55.0 per million words

The right to be offered something for purchase before it is offered to others.

refusalADJECTIVE + refusal

Categories:

first

Examples (10)

  • If you decide to sell your car, I hope you'll give me first refusal.
  • We have first refusal on the adjacent property.
  • The contract includes a clause for first refusal to buy back the shares.
  • She was granted first refusal on the new apartment.
  • My friend offered me first refusal on his rare book collection.
  • They negotiated for first refusal rights in the event of a sale.
  • The artist gave the gallery first refusal on his next few paintings.
  • Do you have first refusal on that vintage guitar?
  • Having first refusal means you get the initial opportunity to purchase.
  • We exercised our first refusal on the land.