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单词 first refusal
释义
first refusal
phrase
If someone has first refusal on something that is being sold or offered, they have the right to decide whether or not to buy it or take it before it is offered to anyone else.
The agreement gives the two co-chairmen first refusal on each other's shares.
A tenant may have a right of first refusal if a property is offered for sale.
Synonyms: option, choice, opportunity, consideration  
See full dictionary entry for refusal
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更新时间:2024/12/23 13:45:40