What is another word for preemptive right?
Pronunciation: [pɹiːˈɛmptɪv ɹˈa͡ɪt] (IPA) 
Preemptive right, which is also known as a subscription right, refers to the right of existing shareholders to purchase new shares in the company before they are offered to the public. This right helps to protect the value and control of the shares, as well as ensure that current shareholders maintain their ownership stake in the company. Synonyms for preemptive rights include pre-emptive offer, rights offering, preemptive privilege, and share purchase rights. These terms are all used interchangeably to describe the same legal concept. Ultimately, the importance of preemptive rights lies in their ability to help safeguard the interests of existing shareholders and maintain the stability of the company's ownership structure.
