(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
Recent Examples on the Web
This granted them first refusal on players at age 18.
—
Jordan Campbell, The Athletic, 9 Aug. 2024
Chevron remains locked in a dispute with Exxon Mobil, which is claiming a right of first refusal over Hess Corp.’s lucrative oil assets in Guyana.
—Spencer Kimball, CNBC, 1 Nov. 2024
Exxon has filed claims with an arbitration panel arguing a right of first refusal over Hess’ lucrative oil assets in Guyana.
—Spencer Kimball, CNBC, 30 Sep. 2024
Startup equity contracts often provide the company with right of first refusal when an employee seeks to sell their equity.
—George Moriarty, Axios, 10 Sep. 2024
See all Example Sentences for (the right of) first refusal 
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Jordan Campbell, The Athletic, 9 Aug. 2024
Chevron remains locked in a dispute with Exxon Mobil, which is claiming a right of first refusal over Hess Corp.’s lucrative oil assets in Guyana.
—Spencer Kimball, CNBC, 1 Nov. 2024
Exxon has filed claims with an arbitration panel arguing a right of first refusal over Hess’ lucrative oil assets in Guyana.
—Spencer Kimball, CNBC, 30 Sep. 2024
Startup equity contracts often provide the company with right of first refusal when an employee seeks to sell their equity.
—George Moriarty, Axios, 10 Sep. 2024
See all Example Sentences for (the right of) first refusal
Dictionary Entries Near (the right of) first refusal
Cite this Entry
“(the right of) first refusal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/%28the%20right%20of%29%20first%20refusal. Accessed 1 Dec. 2024.
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