n. [ Pref. pre- + emption: cf. F. préemption. See Redeem. ] The act or right of preemption. Specifically: (a) The act or right of purchasing before others. (b) The privilege or prerogative formerly enjoyed by the king of buying provisions for his household in preference to others. [ Eng. ] (c) The right of an actual settler upon public lands (particularly those of the United States) to purchase a certain portion at a fixed price in preference to all other applicants. Abbott. [ 1913 Webster ]
[せんばいけん, senbaiken] (n) right of first refusal; (right of) preemption; purchase option [Add to Longdo]
Result from Foreign Dictionaries (2 entries found)
From The Collaborative International Dictionary of English v.0.48 [gcide]:
Preemption \Pre*["e]mp"tion\ (?; 215), n. [Pref. pre- + emption:
cf. F. pr['e]emption. See {Redeem}.]
The act or right of purchasing before others. Specifically:
(a) The privilege or prerogative formerly enjoyed by the king
of buying provisions for his household in preference to
others. [Eng.]
(b) The right of an actual settler upon public lands
(particularly those of the United States) to purchase a
certain portion at a fixed price in preference to all
other applicants. --Abbott.
[1913 Webster]
From WordNet (r) 3.0 (2006) [wn]:
preemption
n 1: the judicial principle asserting the supremacy of federal
over state legislation on the same subject [syn:
{preemption}, {pre-emption}]
2: the right of a government to seize or appropriate something
(as property) [syn: {preemption}, {pre-emption}]
3: the right to purchase something in advance of others [syn:
{preemption}, {pre-emption}]
4: a prior appropriation of something; "the preemption of
bandwidth by commercial interests" [syn: {preemption}, {pre-
emption}]
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