"preemptive right" meaning in English

{
  "forms": [
    {
      "form": "preemptive rights",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "preemptive right (plural preemptive rights)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Law",
          "orig": "en:Law",
          "parents": [
            "Justice",
            "Society",
            "All topics",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "glosses": [
        "The right of shareholders to maintain a constant percentage of a company's shares by receiving a proportionate fraction of any new shares issued, thus preempting any dilution"
      ],
      "id": "en-preemptive_right-en-noun-0PF6ZxJI",
      "links": [
        [
          "law",
          "law#English"
        ],
        [
          "shareholder",
          "shareholder"
        ],
        [
          "preempt",
          "preempt"
        ]
      ],
      "raw_glosses": [
        "(law) The right of shareholders to maintain a constant percentage of a company's shares by receiving a proportionate fraction of any new shares issued, thus preempting any dilution"
      ],
      "synonyms": [
        {
          "word": "pre-emptive right"
        }
      ],
      "topics": [
        "law"
      ],
      "translations": [
        {
          "code": "de",
          "lang": "German",
          "sense": "right of shareholders to preempt dilution",
          "tags": [
            "singular"
          ],
          "word": "Vorkaufsrecht"
        },
        {
          "code": "ko",
          "lang": "Korean",
          "roman": "sinju'insugwon",
          "sense": "right of shareholders to preempt dilution",
          "word": "신주인수권"
        }
      ]
    }
  ],
  "word": "preemptive right"
}

{
  "forms": [
    {
      "form": "preemptive rights",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "preemptive right (plural preemptive rights)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "en:Law"
      ],
      "glosses": [
        "The right of shareholders to maintain a constant percentage of a company's shares by receiving a proportionate fraction of any new shares issued, thus preempting any dilution"
      ],
      "links": [
        [
          "law",
          "law#English"
        ],
        [
          "shareholder",
          "shareholder"
        ],
        [
          "preempt",
          "preempt"
        ]
      ],
      "raw_glosses": [
        "(law) The right of shareholders to maintain a constant percentage of a company's shares by receiving a proportionate fraction of any new shares issued, thus preempting any dilution"
      ],
      "topics": [
        "law"
      ]
    }
  ],
  "synonyms": [
    {
      "word": "pre-emptive right"
    }
  ],
  "translations": [
    {
      "code": "de",
      "lang": "German",
      "sense": "right of shareholders to preempt dilution",
      "tags": [
        "singular"
      ],
      "word": "Vorkaufsrecht"
    },
    {
      "code": "ko",
      "lang": "Korean",
      "roman": "sinju'insugwon",
      "sense": "right of shareholders to preempt dilution",
      "word": "신주인수권"
    }
  ],
  "word": "preemptive right"
}