PREEMPTIVE RIGHT - prawo pierwokupu
PREEMPTIVE RIGHT - prawo pierwokupu /Fot. Fotolia
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PREEMPTIVE RIGHT (noun) /pɹiːˈɛmp.tɪv raɪt/ 
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Definition: |
The right of a company's existing stockholders to purchase enough shares to maintain their overall ownership percentage in the event of a new stock issue. |
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Example: |
Shareholders may exercise their preemptive rights through lodging a statement in writing with the Management Board. |
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Polish Translation: |
prawo pierwokupu |
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Did you know? |
This is a privilege of existing shareholders, thanks to which they can maintain their share of ownership in case of new shares issue. |
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Check your memory: |
You have to go through endless _______ to get a residence permit. |
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