What is the meaning of Right?

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Privilege granted shareholders of a corporation to subscribe to shares of a new issue of common stock before it is offered to the public. Such a' Right', which normally has a life of two to four weeks, is freely transferable and entitles the holder to buy the new common stock below the public offering price. See: Warrant.

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APABarry Goldsmith. (2010). right. Retrieved September 20, 2026, from http://smartdefine.org/right/definitions/1162591
ChicagoBarry Goldsmith. 2010. "right" http://smartdefine.org/right/definitions/1162591 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, right, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/right/definitions/1162591>.
MLABarry Goldsmith. "right" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/right/definitions/1162591>
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