first refusalnoun [ U ]
uk/ˌfɜːst rɪˈfjuː.zəl/us/ˌfɝːst rɪˈfjuː.zəl/the opportunity to buy something before it is offered to anyone else:
My sister's selling her car and she's offered me first refusal on it.
Thesaurus: synonyms and related words
Buying & selling - general words
- all-you-can-eat
- barter
- black market
- bottom
- brokerage
- channel
- cold-calling
- desk research
- high street
- hock
- market share
- pawn
- pay
- procurement
- the grey market
- trade
- trade route
- trading
- transaction
- under the counter idiom
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