subscription right

subscription right. A certificate evidencing a shareholder’s right (known as a preemptive right) to purchase newly issued stock before the stock is offered to the public. • Subscription rights have a market value and are actively traded because they allow the holder to purchase stock at favorable prices. — Also termed stock right. See PREEMPTIVE RIGHT. [Cases: Corporations 78, 158. C.J.S. Corporations §§ 133–137, 188, 192.]
专业法律词汇 词条贡献者
资深译员Walker,毕业于亚洲一流的高级翻译学院,擅长翻译各类与尽职调查相关的法律文件。
Scroll to Top