preemptive right preemptive bid • preemptor · · · Info · Definitions · Characters · · preemptive right · · Text Common · · Latin · · Scripts 16 · · Length 3 · · Syllables Definitions · · · (noun) the right granting to shareholders the first opportunity to buy a new issue of stock; provides protection against dilution of the shareholder's ownership interest. Synonyms: preemptive right. · · Noun Definition 1 Characters · · space U+0020 e latin small letter e U+0065 g latin small letter g U+0067 h latin small letter h U+0068 i latin small letter i U+0069 m latin small letter m U+006D p latin small letter p U+0070 r latin small letter r U+0072 t latin small letter t U+0074 v latin small letter v U+0076