subscription right

NOUN
18 LETTERS · STARTS WITH S

subscription right is a valid 18-letter word worth 27 points in Scrabble and 32 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
S1U1B3S1C3R1I1P3T1I1O1N1R1I1G2H4T1
1 + 1 + 3 + 1 + 3 + 1 + 1 + 3 + 1 + 1 + 1 + 1 + 0 + 1 + 1 + 2 + 4 + 1 =27 PTS
DOUBLE WORD → 54TRIPLE WORD → 81
MEANING

What does subscription right mean?

NOUN · 1 SENSE
1

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.