Manfield has the right of first refusal on any surplus stock.
New idioms dictionary. 2014.
have the right of first refusal — have (the right of/to) first refusal give (someone) (the right of/to) first refusal to offer to sell someone something before you offer it to anyone else. Manfield has the right of first refusal on any surplus stock … New idioms dictionary
Right Of First Refusal — In general, the right of a person or company to purchase something before the offering is made available to others. For example, a football team may have the right of first refusal on a player s contract. This would mean they can make the first… … Investment dictionary
Right of first refusal — (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. In… … Wikipedia
right of first refusal — noun A provision in a contract that permits a party to that contract or another named party to have an opportunity to purchase, use, or otherwise obtain a specified object before it is offered to any other party. Well, said the publisher, does… … Wiktionary
right of first refusal — right of first re·fus·al / ri fyü zəl/: the right to have the first opportunity to purchase property upon the owner s decision to sell at the same terms offered by a third party or at predetermined terms – called also preemptive right; Merriam… … Law dictionary
give (someone) the right of first refusal — give (someone) (the right of/to) first refusal to offer to sell someone something before you offer it to anyone else. I have given my existing publishers first refusal on my next book. (often + on) … New idioms dictionary
give (someone) the right to first refusal — give (someone) (the right of/to) first refusal to offer to sell someone something before you offer it to anyone else. I have given my existing publishers first refusal on my next book. (often + on) … New idioms dictionary
have first refusal — have (the right of/to) first refusal give (someone) (the right of/to) first refusal to offer to sell someone something before you offer it to anyone else. Manfield has the right of first refusal on any surplus stock … New idioms dictionary
Right Of First Offer — A contractual obligation by the owner of an asset to a rights holder to negotiate the sale of an asset with the rights holder before offering the asset for sale to third parties. If the rights holder is not interested in purchasing the asset or… … Investment dictionary
first refusal — /fɜst rəˈfjuzəl/ (say ferst ruh fyoohzuhl) noun the right of a customer to buy or refuse goods before they can be sold to anyone else: *He wants first refusal of anything else you have in the same style. –norman lindsay, 1938 …
