(the right of) first refusal


: 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 Exxon is claiming a right of first refusal over Hess' lucrative oil assets in Guyana. Brian Evans,lisa Kailai Han, CNBC, 10 July 2024 This spring, President Sauli Niinistö (no relation to Jussi Niinistö) proposed passing a bill that would give the government the right to approve sales in sensitive areas on a case-by-case basis, and former Defense Minister Carl Haglund advocated for a government right of first refusal. Elisabeth Braw, Foreign Affairs, 18 June 2015 What does the law do? Broadly, the new law gives tenants a right of first refusal on whether to renew their lease or not. Seth Klamann, The Denver Post, 19 Apr. 2024 The proposal would have established a right of first refusal for utilities already doing business in Wisconsin, allowing the owners of transmission lines to build lines that connect to their existing ones without having to compete with out-of-state companies for the projects. Jessie Opoien, Journal Sentinel, 21 Mar. 2024 See all Example Sentences for (the right of) first refusal 

These examples are programmatically compiled from various online sources to illustrate current usage of the word '(the right of) first refusal.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near (the right of) first refusal

the Right

(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 24 Jul. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!