/priˈɛmpʃən (priˈɛmptɪv) raɪt/ – Phrase
Definition: quyền ưu tiên mua trước.
A more thorough explanation: A preemption right, also known as a preemptive right, is a legal right that gives existing shareholders the opportunity to purchase additional shares of a company’s stock before they are offered to the public. This right allows current shareholders to maintain their proportional ownership in the company and prevents dilution of their ownership stake.
Example: The shareholders agreement includes a provision granting John a preemption right, allowing him to purchase additional shares before they are offered to other investors.