Meaning Of The Word First refusal

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First refusal Meaning

First refusal Definition
First refusal Definition

What's The Definition Of First refusal?

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.

first refusal in British English
noun: the chance of buying a house, merchandise, etc, before the offer is made to other potential buyers

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