rights of first refusal

A form of right of first refusal — 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.

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Meanings

noun
  1. pluralplural of right of first refusal
Cite this entry
APA

rights of first refusal. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/rights%20of%20first%20refusal

MLA

“rights of first refusal.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/rights%20of%20first%20refusal. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “rights of first refusal,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/rights%20of%20first%20refusal.

Source: rights of first refusal on Wiktionary, CC BY-SA 4.0.