preemption

/priˈɛm(p)ʃən/

Other forms: preemptions

Definitions of preemption

1. noun

   the right to purchase something in advance of others
   synonyms: pre-emption

   types:

   preemptive right

   the right granting to shareholders the first opportunity to buy a new issue of stock; provides protection against dilution of the shareholder's ownership interest

   subscription right

   the right of a shareholder in a company to subscribe to shares of a new issue of common stock before it is offered to the public

   type of:

   right

   an abstract idea of that which is due to a person or governmental body by law or tradition or nature
2. noun

   the right of a government to seize or appropriate something (as property)
   synonyms: pre-emption

   type of:

   legal right

   a right based in law
3. noun

   the judicial principle asserting the supremacy of federal over state legislation on the same subject
   synonyms: pre-emption

   type of:

   judicial doctrine, judicial principle, legal principle

   (law) a principle underlying the formulation of jurisprudence
4. noun

   a prior appropriation of something
   “the preemption of bandwidth by commercial interests”

   synonyms: pre-emption

   type of:

   appropriation

   a deliberate act of acquisition of something, often without the permission of the owner