preemptive right
NOUN
16 LETTERS · STARTS WITH P
preemptive right is a valid 16-letter word worth 28 points in Scrabble and 32 points in Words with Friends.
SCRABBLE
WORDS WITH FRIENDS
P3R1E1E1M3P3T1I1V4E1R1I1G2H4T1
3 + 1 + 1 + 1 + 3 + 3 + 1 + 1 + 4 + 1 + 0 + 1 + 1 + 2 + 4 + 1 =28 PTS
DOUBLE WORD → 56TRIPLE WORD → 84
MEANING
What does preemptive right mean?
NOUN · 1 SENSE
1
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.
BROADER