(the right of) first refusal

phrase

: 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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Hall is allowed to negotiate with other teams and sign an offer sheet, but the team has first refusal rights. Ryan Gaydos, FOXNews.com, 9 Mar. 2026 If Hall signs an offer sheet with another team, the Jets have the right of first refusal. Ryan Canfield, FOXNews.com, 3 Mar. 2026 The creator of ChatGPT obtained a right of first refusal to purchase the buildings, real estate documents show. George Avalos, Mercury News, 26 Feb. 2026 At a judicial auction announced by the court in Grasse, the municipality of Cannes exercised its right of first refusal and acquired the property. Literary Hub, 17 Feb. 2026 See All Example Sentences for (the right of) first refusal

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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 22 Jul. 2026.

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