Definition of preemption in English:
1The purchase of goods or shares by one person or party before the opportunity is offered to others: the commission had the right of preemption
More example sentences
- Mrs. Clarke would prefer this to be a right of pre-emption and that if the Purchaser exercises its right completion will take place twenty eight days thereafter.
- In pre-emption articles, it is usual to find, as here, a permitted class of transferee or a provision for transfer to a non-member in the event that no existing member is willing to purchase the shares.
- I needed to sort out a way of creating pre-emption provisions and to retain control.
1.1 historical , chiefly North American & Australian/New Zealand The right to purchase public land by preemption.
- The right of pre-emption or exclusive purchase in the same article was used by the Crown to lawfully extinguish Maori customary title and thereby allow alienation.
- Increased land sales and pre-emption laws (which authorised settlers to stake claims on most surveyed lands) had facilitated rapid settlement of the Midwest and the Old Southwest.
- The table below shows how, as the Crown's policy of pre-emption took effect, the burden of providing revenue fell upon Maori to finance the colony's development.
2The action of preempting or forestalling, especially of making a preemptive attack: damaging retaliation for any attempt at preemption
More example sentences
- True, there may be a tolerance of pre-emption if an attack is imminent.
- Patriots, of whatever social provenance, would never accept any action likely to damage prospects of victory, and might well attempt pre-emption if such an action were anticipated.
- This is not retribution but pre-emption, finding appropriate force to prevent a further attack.
2.1The interruption or replacement of a scheduled radio or television program.
- For the first quarter, we are estimating that the events resulted in approximately $2.2 million in advertiser cancellations and preemptions, many coming from the automotive sector.
- Maybe some of the blame for the programme's poor ratings can be blamed on preemptions, and episodes airing out of order - but then why not put them in the proper order them for the DVD release?
early 17th century: from medieval Latin praeemptio(n-), from the verb praeemere, from prae 'in advance' + emere 'buy'.
Definition of preemption in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan