(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

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To use the right of first refusal, tenants in larger properties have three months to start negotiations, then another four months after giving notice to conduct due diligence and secure financing. Jake Sheridan, Chicago Tribune, 24 Aug. 2025 The Bears ownership is structured more as a family business than a modern ownership group, and as Sportico previously reported, both the McCaskey and Ryan families had some sort of first refusal rights on McKenna’s stake. Eben Novy-Williams, Sportico.com, 7 Aug. 2025 The 23-year old was a restricted free agent, meaning the blue and gold had the right of first refusal to match any offer that came Jackson’s way from another team. Tony East, Forbes.com, 2 Aug. 2025 An arbitration court rejected Exxon’s claim to a right of first refusal over lucrative Hess assets in Guyana, clearing the way for Chevron to complete the transaction after a long delay. Spencer Kimball, CNBC, 1 Aug. 2025 See All Example Sentences for (the right of) first refusal

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“(the right of) first refusal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/%28the%20right%20of%29%20first%20refusal. Accessed 9 Sep. 2025.

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