subscription right

/səbˌskrɪpʃən raɪt/
IPA guide

Definitions of subscription right
  1. noun
    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
    see moresee less
    type of:
    pre-emption, preemption
    the right to purchase something in advance of others
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