refusal

refusal.

1. The denial or rejection of something offered or demanded (the lawyer’s refusal to answer questions was based on the attorney–client privilege).

2. An opportunity to accept or reject something before it is offered to others; the right or privilege of having this opportunity (she promised her friend the first refusal on her house). See RIGHT OF FIRST REFUSAL . [Cases: Contracts 16; Sales 24; Vendor and Purchaser 18(.5). C.J.S. Contracts §§ 37–41, 44, 46, 55–56, 58; Sales §§ 41–42; Vendor and Purchaser §§ 98–100, 103–106, 115–116.]


专业法律词汇 词条贡献者
译者Jeffrey,毕业于国内一流的高级翻译学院,擅长翻译各种与首次公开发行/其他股权或债务发行相关的法律文件。
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