drept de preemţiune the right of pre-emption
| Creator: | |
| Language pair: | román - angol |
| Definition / notes: | + Drept de preemțiune = privilegiu pe care îl are cineva printr-un contract sau printr-o lege, la o vânzare-cumpărare, de a fi, în condiții egale, cel preferat dintre mai mulți cumpărători. + RIGHTS ARE GIVEN AS A MATTER OF LAW. + Contractual right under which a party has the first opportunity to buy an asset before it is offered to a third party. Compare with right of first refusal. Also called preemptive right or right of preemption. |
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