📚 noun • entry_id 46515
right of first refusal
Meanings (ES + gloss)
derecho de tanteo
A provision in a contract that permits a party to that contract or another named party to have an opportunity to purchase, use, or otherwise obtain a specified object before it is offered to any other party.
"Well," said the publisher, "does our last contract with whoever it is that represents Shar give us the right of first refusal on his next book?"
Phrases
No hay frases
Word forms